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Sterling National Bank appoints representative for new Southeast Region

Sterling National Bank, a subsidiary of Sterling Bancorp, announced that it is extending its business presence in the southeastern United States. This new initiative will be lead by Barry Horowitz who has been appointed southeast regional representative. Barry Horowitz will...

Banco del Desarrollo planning to buy factor – talks...

Chilean small business bank, Banco del Desarrollo, plans to buy a factoring agency during the first half of 2003. Acquisition…

#3M#bank#small business


Ronson plc change banks to HSBC and move to...

Ronson plc announced its interim results to 31 December 2002 and declared a pre-tax profit of Ј15,000 and overall turnover…

#bank#banks#invoice


Asia Development Bank forecasts healthy growth for the region...

Despite the presence of the SARS epidemic in the region, the Asian Development Bank said its 41 members’ economies would…


Philippine economy set to grow by 4 per cent...

The ADB expects the Philippine economy to grow 4 per cent this year and 4.5 per cent next year, citing…


Software houses get help to raise development capital secured...

The Small and Medium Enterprise Development Bank (SME Bank) will work with the Association of Thai Software Industry (ATSI) to…

#bank#guarantees#risk


Banks line up flexible financing packages for SMEs

HAVING sufficient funds is vital for supporting an information and communications technology (ICT) project, especially among small- and medium-sized enterprises…

#bank#cash management#interest rates


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…

#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…

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