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Pound soars as BoE holds rates and European Central...

Businesses were hit by a double whammy yesterday as the Bank of England refused to cut interest rates and the pound responded by hitting a three-year high against the dollar and rose against the euro. The final meeting of the...

#bank#Bank of England#exports

Telemedicine company adds credit insurance to help grow exports

In an effort to boost overseas sales, AMD Telemedicine just added another small weapon to its arsenal. The Shattuck Street…


Small Business Minister launches GBP2.5m boost for East Anglian...

A new fund to provide finance for start-up and fast-growth businesses in the East Anglia region was launched in Cambridge…


Standard & Poor’s downgrades Kookmin Bank's Outlook Rating over...

Standard & Poor's Ratings Services (S&P) announced yesterday that it had downgraded its outlook on the long-term credit rating for…

#bank#risks#smes


Banks to give composite loan of Rs 50 lakh...

Small-scale units can now get a composite bank loan of up to Rs 50 lakh as against a maximum of…


Deputy PM calls on SMEs to capitalise on ‘cash-flow...

The Government has made credit access sufficiently easy for small- and medium- scale enterprises (SMEs) that they can stop turning…


Record attendance at FDA annual dinner and awards

Having attended eight out of the last nine FDA dinners I can tell you this year’s event, which was at…

#awards#bank#invoice


BPPG launches new factoring information on website

Many businesses suffering from persistent late payment of invoices by their customers choose to engage a factoring company as a…


State bank working for new regulation for SMEs

State Bank of Pakistan (SBP) governor, Dr. Ishrat Husain, said the central bank was working on new prudential regulations that…

#bank#exports#regulation


Euler & Hermes to compete with Coface in export-guarantee...

Euler do Brasil, the local credit insurance unit of German financial group Allianz, has received government authorisation to insure export…


Stuart Parker tells BCR how NMB-Heller has continued to...

The interview with Stuart Parker of NMB-Heller on how the company thrives in an increasingly competitive market is up on…


Business confidence high despite uncertain UK economy

A KPMG/Economist Intelligence Unit survey, focusing on the middle-market sector, which accounts for 40% of the UK economy, has discovered…

The CBI/Grant Thornton Service Sector Index May 2003

The results of this quarter’s survey have a particular significance as it was conducted in the period just following the…

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