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Gerling gets injection of Ђ180m fresh funds as Deutsche...

Deutsche Bank and Swiss Re are to pump a combined Ђ180m (US$198m) of fresh funds into Gerling, the embattled insurance group, in a deal that will leave them owning more than 90 per cent of the group's attractive credit insurance...

#bank#banks#Deutsche Bank

Greenfield Commercial Credit (Canada) joins TSX Venture Exchange listing

Greenfield Commercial Credit (Canada) has met the requirements to list on the TSX Venture Exchange and will commence trading at…

#ABN AMRO#bank#Commercial Credit


SME’s frustrations over bureaucracy and the ‘grey market’ rise...

In the first, frothy years of Poland's post-communist transformation, more than a million small businesses set up shop, selling everything…

#GDP#small businesses#smes


China Banking Sector Regulatory Commission (CBSRC) to be established...

A source at the China Banking Sector Regulatory Commission (CBSRC) revealed that the commission will declare its establishment this week.…

#bank#Bank of China#financial institution


Prime Minister backs SME initiative and praises entrepreneurs

The Prime Minister, Shaikh Khalifa bin Salman Al Khalifa, yesterday praised the initiative and pioneering spirit of entrepreneurs who are…

#bank#economy#leadership


Stanchart to target SMEs

Standard Chartered Bank has launched a small- and medium-sized enterprises (SMEs) division. It is expected to help the bank diversify…


ECGD urges Export Credit Agencies to work in partnership

The UK's Export Credits Guarantee Department (ECGD) has renewed its commitment to keep sustainable development at the heart of its…

#exporters#forum#guarantee


Zurich Emerging Markets Solutions appoints marketing manager in Singapore

Zurich North America announced that Alfred Low has joined Zurich Emerging Markets Solutions (ZEMS) unit as marketing manager. Low will…

#emerging markets#financial services#international


Restructured Grupo Security Q1 2003 profits soar 152%

Chilean financial services group Grupo Security comprising a bank, a factoring unit, a stock brokerage, and a mutual fund announced…

#bank#Boost#financial services


OPIC agreement with Pan-African Export Credit Agency

The Overseas Private Investment Corporation (OPIC) and the African Trade Insurance Agency (ATI), a World Bank and pan-African state-supported Export…

#bank#emerging markets#exporters


Asian Development Bank proposes privatisation of SME Bank

The Asian Development Bank (ADB) proposes assistance for restructuring and ultimate privatisation of SME Bank for it to play an…

#ADB#bank#business finance


Bad debt provision causes Aston Rothbury Factor’s profits to...

Aston Rothbury Factors Limited’s latest financial statement, for the year ended 31 March 2002, attributed the company’s decrease in profit…

#AR#Bill#insurance

Invoice financing usage up, leasing down – Bank of...

Invoice financing provided to small- and medium-size enterprises (SMEs) rose towards the end of 2002, although the use of leasing…

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