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EIB plans to expand long-term funding for SMEs

The European Investment Bank (EIB) plans to develop partnerships with domestic and foreign banks in Greece with a view to expanding long-term funding to small- and medium-size enterprises (SMEs), officials said. EIB already has such partnerships with the National Investment...

#bank#banks#funding

Myanmar mired in worst financial crisis

Riot police are out in force in Yangon as the country's worst financial crisis continues to spiral out of control…


Credit insurer and factor join forces to open foreign...

Small business exporters have a new opportunity to purchase a foreign receivables factoring service from Export Bank (a service of…


Hermes turns up heat on retailer

Hermes Kreditversicherungs-AG, the German insurance group, has dealt a blow to Spar, the retail group, by increasing the deductible contribution…

#insurance#Paid


Potential Finance move into the black

Potential Finance Ltd’s financial report for the year ended 30 September 2003 shows that the company is beginning to make…

#management#risk#risk management


UK banks favour rescue and rehabilitation over insolvency

According to PricewaterhouseCoopers, mid-market companies have been particularly hit by the rise in company insolvencies in 2002. As a raft…

#financial services#insolvencies#insolvency


SSIs still starved of credit

Concerned with the inadequate availability of credit to the small-scale sector, Minister of Small Scale Industries, C P Thakur, said…

#bank#banks#Boost


GERLING NCM join trade mission to Japan

Sixteen Welsh companies and organisations are in Japan on a weeklong trade mission. visiting Tokyo and Osaka. Major names taking…


Fortis Commercial Finance appoints new head of sales for...

Fortis Commercial Finance Limited (FCF) - part of the international Fortis Group, and a leading invoice finance provider across the…


Industrial Finance Corporation of Thailand plans new lending to...

The Industrial Finance Corporation of Thailand (IFCT) is likely to become a commercial bank next year, focusing on long-term industrial…

#bank#investment#smes


Hong Kong bank urges China to keep yuan stable

The yuan isn't undervalued and China should stick to its policy for a stable yuan, according to Bank of China…


Interest rates raised in effort to curb inflation

Brazil's central bank raised interest rates for the second time in a month to curb what new President Luiz Inбcio…

#bank#banks#emerging markets

Vietcombank gears up to be regional institution with SMEs...

The banking sector needs to embrace international safety systems within the next five years to ensure steady development of Vietnam's…

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