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ECGD boosts renewable energy sector with export credit insurance...

Some Ј50 million (GBP) of cover for the UK renewable energy sector is being made available by the Export Credits Guarantee Department (ECGD) to help developing countries limit greenhouse gas emissions from today (1 April). International Trade Minister Baroness Symons...

Asset-based lending gains ground rapidly

Asset-backed financing of management buy-outs (MBOs) is set for a bumper year as small companies struggle to attract funding, while…

#bank#commercial finance#Deutsche Bank


Siam General Factoring announces dividend decision

Siam General Factoring said its board on March 28 approved no dividend for 2002 due to retained loss, a capital…

#Clear


Tax rise 'to force a third of small companies...

National insurance rises due to take effect this week will force a third of smaller companies to cut jobs, according…

#conference#insurance#Jobs


Economic growth indicator lowest in four years

Gordon Brown may be forced to revise down his forecast for UK growth this year, according to a number of…

#economy


Bank crisis update

A senior leader of Myanmar's ruling military junta has urged those who have borrowed from crippled banks to repay their…


Power firms await Electricity Bill before insuring receivables

Power producers will now be able to insure their receivables against non-payment of payments due as the insurance sector is…


Gulf Bank expects to regain profitability in 2003 as...

Miami based Gulf Bank has been under a cease and desist order from the Federal Reserve and the Florida Department…

#bank#interest rates#international


Court gives go ahead for Gerling to sell reinsurance...

German insurer Gerling-Konzern Allgemeine Versicherungs said that it received the go ahead from a German court to sell its reinsurance…

#bank#Deutsche Bank#financial services


Russia enters Lithuanian banking market

One of Lithuania's largest banks has come under nominal control of a little-known Russian financial institution, leaving industry insiders to…

#3M#bank#banks


SMEs benefit from new monetary measures

Bank Negara governor, Tan Sri Dr Zeti Akhtar Aziz, announced monetary measures aimed at addressing the current economic challenges during…

New research from Bibby Financial Services highlights growing unease

The combination of war with Iraq, the falling stock market, and the perceived threat of terrorist attack, have left Britain’s…

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