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Molecular Imaging Corporation secures US$3.2 million asset-based financing package

Molecular Imaging Corporation, formerly known as Mobile PET Systems, Inc., announced that it has secured a US$3.2 million asset-based finance facility provided by Meridian Commercial Healthcare Finance, LLC. The company intends to use available funds under the facility for potential...

#funding#management#working capital

Bank of Cyprus Ltd – Group Results for quarter...

The Bank of Cyprus Group's activities include finance, factoring, investment banking, brokerage and venture capital. The Group is the leading…

#bank#Bank of Cyprus#financial services


International Institute for Management Development publishes the World Competitiveness...

The World Competitiveness Yearbook (WCY) is a comprehensive annual report on the competitiveness of nations compiled by the Swiss-based International…

#international#management#Two


KMPG Restructuring analyse UK business negative warnings figures

UK businesses continued to show an increase in the number of negative warnings during the first quarter of 2003, as…

#crisis#economy#i


Credit line offered to SARS-affected small tourist firms

The Small Industry Credit Guarantee Corporation (SICGC), in conjunction with the Small and Medium Enterprise Development Bank of Thailand (SME…


Gerling steps up efforts to sell reinsurance operations

German insurer Gerling-Konzern Allgemeine Versicherungs AG this week stepped up efforts to sell its unprofitable reinsurance unit, Gerling Re. Gerling…

#bank#Deutsche Bank#financial services


Swank Inc. enters US$30 million credit agreement against receivables...

John Tulin, President of Swank, Inc. reported the net sales and operating results for the company's first quarter. Net sales…

#bank#interest#interest rate


A call to the Basel committee for amendments to...

Stephany Griffith-Jones is a professor at the Institute of Development Studies, Sussex University The Basel committee of banking regulators has…


Syrian private sector SMEs to benefit from 25 million...

The Syrian Government has agreed to provide the European Investment Bank (EIB) with a guarantee for the loans the EIB…

#bank#banks#guarantee


IslamicDevelopment bank to finance SMEs

A business promotion delegation of the Islamic Development Bank (IDB) has agreed to finance projects in Bangladesh's high potential but…


International survey reveals the opinions of independent businesses on...

A Grant Thornton International Business Owners Survey carried out among 6,058 owners of independent SMEs from 19 countries provided entrepreneurs…

#economy#exports#international


Hungarian Development Bank to lend HUF 50 billion to...

The state-owned Hungarian Development Bank (MFB) plans loan programmes worth HUF 245 billion in 2003-2004, MFB CEO Janos Eros announced.…

#bank#guarantee#SME financing

CIT Commercial Services – Pan Pacific, Ltd opens factoring...

CIT Commercial Services, a unit of CIT Group Inc., has announced the opening of a representative office in Shanghai, China.…

#credit protection#exporters#financial services

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