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Of the Rs 95 crore credit that the Credit Guarantee Fund Trust For Small Industries (CGTSI) has disbursed, Karnataka leads with an intake of Rs 17 crore. The 623 SSIs that have availed of this facility are operating in the...
#bank#guarantee#guarantees
The company registered good financial performance in the nine-month period ending December 2002. The funds deployed during this period grew…
#banks#interest#interest rate
GE Commercial Finance has announced the promotion of Martin Risman as the new sales and marketing leader based in the…
The latest business confidence survey from the Irish Small and Medium Enterprises organisation, ISME, was published this morning. The results…
#economy#exports#small business
Margrith Lьtschg-Emmenegger, formerly MD and global head of forfaiting at WestLB in London has decided to call it a day…
Lloyds TSB has released its director’s report and financial statement for year ended 31 December 2002. The report shows the…
#commercial finance#interest#invoice
The Asia Development Bank (ADB) has approved a US$15m equity participation in a new private equity fund that provides capital…
Deutsche Bank, the German bank, has called a halt to the takeover of Gerling NCM by Swiss Re. The only…
#bank#Deutsche Bank#insurance
Bankruptcies in Japan fell about 5 per cent in the last business year, according to independent research firm Teikoku Databank,…
#bankruptcy#banks#economic recovery
Two familiar faces in the Houston financial services industry have formed Briar Capital LP., which focuses on small- and medium-sized…
#bank#financial services#receivables financing
Bank of America, Business Credit Europe won European Venture Capital Journals’s award for asset-based finance provider of the year in…
#bank#Bank of America#commercial finance
Worldwide factoring industry experiences healthy growth despite difficult market conditions Fresh statistics for 2002 show a 4% growth for worldwide…
Small businesses in Japan are having severe cash-flow difficulties, even though the Bank of Japan (BoJ) is pumping plenty of…