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Lithuanian insurance companies will have to increase their authorised capital to at least Ђ1 million by July 2005 and to set up required minimum guarantee funds by April 2007, under new amendments to the country's Law on Insurance. The minimum...
Bharat Overseas Bank Ltd has lowered interest rates on credit to agriculture and small-scale sectors (SSIs). "The revised interest rates…
#bank#interest#interest rates
Yamaya is one of countless small- and medium-sized enterprises (SMEs) in Japan feeling the effects of a widening credit crunch.…
#bank#exports#financial services
Deloitte & Touche (D&T) was yesterday found to be negligent when it audited the Singapore operations of Barings Bank, where…
The Bank of Japan (BoJ) is to kick-start the development of an asset-backed securities market for small businesses to give…
#bank#liquidity#receivables
Serbian Assistant Minister of Economy and Privatisation, Blagoje Paunovic, said as part of the Strategy for the Development of Small…
#banks#economic recovery#guarantee
According to the results of the latest Phoenix Management "Lending Climate in America" quarterly survey, three-quarters of commercial lenders expect…
Euro Sales Finance (Euro Sales), a provider of bespoke invoice finance, announced today that it has appointed James Hester as…
Redwood Master Fund Ltd (and 5 others) v. TD Bank Europe (and 2 others) In a recent case brought before…
#bank#risk
Speaking at a workshop on 'New Export-Import Policy', the director-general of Foreign Trade, Mr Labanyendu Mansingh, said the list of…
Colombia's banking system issued loans totalling 451bn pesos (US$161m) to small- and medium-sized enterprises (SMEs) this year to May, up…
#bank#guarantee#guarantees
In 2002, a total of 19,928 businesses failed in Great Britain, the highest number of business failures recorded since 1994…
#cash-flow#GDP#international
Simon Freakley, president of Kroll's Corporate Advisory and Restructuring Group, has been elected to the board of directors of Kroll…