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European Union extend Apex Loan facilities to SMEs for...

The European Union (EU) has extended by one year, the Apex Loan Facility to small- and medium-scale enterprises (SMEs). Grant Thornton associate director Henry Ngaba said the EU review team that visited Zambia recently recommended an extension of the loan...

Factoring becomes increasingly popular, market set to grow

In 2002, the total value of invoices purchased by companies engaged in factoring activities reached ZL10bn, compared to ZL8bn a…


In the aftermath of the Finance Credit scandal, KPMG...

Bank 1 Oslo will sue accounting giant KPMG and state authorized accountant John Haukland for NOK 337 (USD 50.5) million…

#bank#banks#insurance


Exports by SMEs to exceed US$100 bn by 2007

Annual exports by small- and medium-sized enterprises (SMEs) will top US$100 bn by 2007, the Small and Medium Business Administration…

#exports#international#smes


UK’s leading credit management group rebrands

EULER Trade Indemnity, the UK’s leading credit insurer today rebrands as Euler Hermes UK. This is part of the roll…


A new name for the Euler Group

A new identity has been adopted with a unique name, logo and visual identity for all the affiliates of the…

#Allianz#insurance#risk


ROI Fund’s first investment – $1.53 million to factor...

Return on Innovation (ROI) Advisors Ltd., portfolio manager for the ROI Fund, have announced its first investment; a $1.53 million…

#asset-based lender#cash-flow#financial services


Lack of financing causes 70% of SMEs to fold

Of all the small- and medium-sized enterprises (SMEs) that start operations in the domestic market 70% close down two years…

#bank#economy#Produce


Royal Bank of Scotland participates in US$31m bank loan...

A loan of US$30.9m loan has been granted by the European Bank for Reconstruction and Development (EBRD) to support the…


FDA Quarter 1 2003 industry figures are released

The latest FDA figures, announced today (27 May), indicate that more and more businesses are turning to export factoring to…

#exporters#exports#international


Business credit, export insurance and open markets are key...

Encouraging exports with the support of financial institutions is key to Lebanon’s economic revival according to experts at the 9th…


Industry Sector analysis and outlook by the Coface Group

A deteriorating international geopolitical context, rising energy prices, and concern about terrorist attacks have delayed the expected recovery. Sagging household…

Barclays targets SMEs

Some Ugandans view Barclays Bank as one of those banks that predominantly serve elite customers. However, its chief executive officer,…

#bank#small businesses#smes

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