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Canbank Factors registers a solid performance

The company registered good financial performance in the nine-month period ending December 2002. The funds deployed during this period grew 30.2 per cent to Rs 181 crore against Rs 139 crore in the corresponding previous period. The total income earned...

#banks#interest#interest rate

Martin Risman appointed new sales and marketing leader at...

GE Commercial Finance has announced the promotion of Martin Risman as the new sales and marketing leader based in the…


Grim figures from Irish Small and Medium Enterprises organisation...

The latest business confidence survey from the Irish Small and Medium Enterprises organisation, ISME, was published this morning. The results…

#economy#exports#small business


Margrith Lьtschg-Emmenegger joins FIMBank

Margrith Lьtschg-Emmenegger, formerly MD and global head of forfaiting at WestLB in London has decided to call it a day…


Lloyds TSB reports small increase in profit

Lloyds TSB has released its director’s report and financial statement for year ended 31 December 2002. The report shows the…

#commercial finance#interest#invoice


US$40 million joint investment fund for SMEs in Association...

The Asia Development Bank (ADB) has approved a US$15m equity participation in a new private equity fund that provides capital…


Deutsche Bank blocks deal to save part of Gerling

Deutsche Bank, the German bank, has called a halt to the takeover of Gerling NCM by Swiss Re. The only…

#bank#Deutsche Bank#insurance


Bankruptcies fall but danger ahead

Bankruptcies in Japan fell about 5 per cent in the last business year, according to independent research firm Teikoku Databank,…

#bankruptcy#banks#economic recovery


Briar Capital opens for inventory and accounts receivables financing

Two familiar faces in the Houston financial services industry have formed Briar Capital LP., which focuses on small- and medium-sized…

#bank#financial services#receivables financing


Bank of America’s Business Credit Europe wins award

Bank of America, Business Credit Europe won European Venture Capital Journals’s award for asset-based finance provider of the year in…

#bank#Bank of America#commercial finance


Latest statistics from Factors Chain International

Worldwide factoring industry experiences healthy growth despite difficult market conditions Fresh statistics for 2002 show a 4% growth for worldwide…


Easing cash flow for small firms

Small businesses in Japan are having severe cash-flow difficulties, even though the Bank of Japan (BoJ) is pumping plenty of…

Banks snub SME loan programme of government, which now...

Leading Mexican banks Santander Serfin, Banco Bital and BBVA Bancomer have made only 30% of the 15,800 small business loans…

#BBVA#commercial lending#guarantees

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