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Two banks identify Bumiputera SMEs as target market

Many small- and medium-sized enterprises (SMEs) fail to secure loan applications for supporting their information and communications technology (ICT) initiatives simply because of lack of proper credit evaluation. Alliance Bank's commercial banking group senior general manager, Yap Khong, says "There...

#bank#financial services#small business

Banks collaborate on invoice finance for Mexican SMEs

Compass Bank said that this year it will intensify its programme of loans for Mexican small- and medium-sized companies (SMEs)…

#bank#conference#interest rates


Fitch confirms Coface's AA rating

Fitch Ratings, the international rating agency, has affirmed the "AA" Insurer Financial Strength rating (IFS) on Coface S.A. Separate "AA"…


Export credit insurer predicts increased market share and diversification

The Export Credit Guarantee Corporation Of India expects service exports to account for at least 15 to 20 per cent…

#emerging markets#exporters#exports


Credit Agricole and Credit Lyonnais get green light to...

France's main banking regulator approved a Ђ19.5bn (US$21.2 bn) merger between Credit Agricole and Credit Lyonnais on condition the banks…

#bank#banks#Credit Agricole


Manufacturing survey report –industry comment

UK manufacturing output staged a surprise gain in January on the back of a better performance by the computer industry,…

#bank#Boost#Deutsche Bank


Supply chain giant unveils receivables and insurance products to...

UPS Capital, the financial services arm of UPS, has launched four products to help Canadian companies speed the movement of…

#cash-flow#exporters#financial services


Banks home in on SME business

With advances to the corporate sector slowing down, and in some cases even turning negative, small- and medium-size enterprises (SMEs)…

#bank#banks#management


Local banks may tighten their approach to SMEs

Standard & Poor's Ratings Services said yesterday that it is maintaining a stable outlook on most Korean banks, as it…


Latest business failures analysis and 3 year forecast gives...

The number of business failures is poised to reach 70,000 over the next three years as a downturn in consumer…

#capital requirements#international#management


Specialist bank and finance company announces 39% increase in...

Broadcastle plc, the specialist bank and finance company, announced its audited results for the year ended 31 December 2002. Profit…


German credit insurer takes steps to protect core businesses

Gerling, the cash-strapped German insurer, said yesterday it was seeking regulatory approval to inject Ђ200m (US$220m) in emergency funds into…

Strong Growth for factoring and leasing in 2002; same...

Three members of Latvia's Leasing Provider Association, Hanza Lizings, Unilizings and Nordea Finance Latvija have reported a factoring and leasing…

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