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Central bank relaxes requirements for banks lending to SMES

The policy-making body of the Bangko Sentral ng Pilipinas is waiving the reporting requirements for banks making certain un-restructured loans to small- and medium-size enterprises (SMEs) to further spur lending in the country. Among the reporting requirements set under Circular...

Griffiths says EU enlargement is massive opportunity for SMEs

Small businesses were today urged to prepare for EU enlargement and take advantage of the biggest single market in the…


Export Credit Insurance Corp. of South Africa finances Canadian...

First Quantum Minerals Ltd said a final feasibility study for its US$163.4m Kansanshi copper-gold mine in Zambia sees copper cathode…


Freight bill factor files Chapter 7

A Denver transportation company was forced into Chapter 7 bankruptcy liquidation on 14 February according to US Bankruptcy Court filings.…

#3M#bankruptcy#Bill


Merger of credit cooperatives to create third commercial bank

Shanghai is planning to create a third city commercial bank by merging more than 230 rural credit cooperatives according to…


Baltic’s leading factor posts 43m euros profit in 2002

Hansa Capital Group's net profit totalled 43.8m euros and financial investments reached 1,172m euros in 2002. Hansapank said the group…

#3M#interest#investments


SMEs seek a dedicated bank

The government should pave the way for opening of large fund-based private banks, specifically dedicated to small and medium enterprises…

#bank#banks#liquidity


German business expectations lowest in 10 years

Business expectations in Germany deteriorated to levels last seen 10 years ago, when Europe's largest economy suffered from a severe…


Deutsche Bank eyes up GERLING NCM

Majority shareholder Rolf Gerling and substantial shareholder Deutsche Bank are planning to sell their shares in the Gerling group. However,…

#bank#Deutsche Bank#insurance


ADB extends US$85m in export credits to SMEs

The Asian Development Bank (ADB) agreed to extend US$85m in export credits to Indonesian small- and medium-size enterprises (SMEs) on…

#ADB#bank#exporters


Spain plans to boost trade with European Union SME...

Juan Costa, the Spanish trade secretary, announced a plan to develop Spanish commerce and investment in the ten countries that…


Plea to government for increased SME funds under existing...

The government has been asked by the Davao City Chamber of Commerce to increase available funds to the two existing…

Factoring in the UK Eighth edition now on factorscan.com

BCR announced today that Factoring in the UK: Eighth edition is now downloadable on factorscan.com. The publication, which includes detailed…

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