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The Industrial Finance Corporation of Thailand (IFCT) is likely to become a commercial bank next year, focusing on long-term industrial investment, president Anothai Techamontrikul has said. This year, some 15 bn baht will be earmarked for small- and medium-sized enterprises...
#bank#investment#smes
The yuan isn't undervalued and China should stick to its policy for a stable yuan, according to Bank of China…
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
The banking sector needs to embrace international safety systems within the next five years to ensure steady development of Vietnam's…
The policy-making body of the Bangko Sentral ng Pilipinas is waiving the reporting requirements for banks making certain un-restructured loans…
Small businesses were today urged to prepare for EU enlargement and take advantage of the biggest single market in the…
First Quantum Minerals Ltd said a final feasibility study for its US$163.4m Kansanshi copper-gold mine in Zambia sees copper cathode…
A Denver transportation company was forced into Chapter 7 bankruptcy liquidation on 14 February according to US Bankruptcy Court filings.…
#3M#bankruptcy#Bill
Shanghai is planning to create a third city commercial bank by merging more than 230 rural credit cooperatives according to…
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
The government should pave the way for opening of large fund-based private banks, specifically dedicated to small and medium enterprises…
#bank#banks#liquidity
Business expectations in Germany deteriorated to levels last seen 10 years ago, when Europe's largest economy suffered from a severe…
Majority shareholder Rolf Gerling and substantial shareholder Deutsche Bank are planning to sell their shares in the Gerling group. However,…
#bank#Deutsche Bank#insurance