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US funds sought for matchmaking plan to help Filipino...

The Small and Medium Business Development Foundation (Philsmed) is seeking funding from the United States Agency for International Development (USAid) to implement a matchmaking program with the US Chamber of Commerce. The program is expected to help establish long-term business...

Institute of Export joins forces with GERLING NCM to...

The Institute of Export and GERLING NCM, one of the world's leading credit insurance and receivables management companies, today announced…

#bad debts#debt collection#exporters


Bancomext estimates 5% growth in exports this year

The Mexican Foreign Trade Bank (Bancomext) estimates that Mexican exports could grow by 5% during 2003, a year in which…

#bank#channel#exports


Government plans regulatory overhaul of insurance industry

Guatemala's government is drafting legislation that would provide a new regulatory framework for the insurance industry, an official from the…

#Bill#insurance#investments


Bank specialising in serving SMEs to list on Nasdaq

Bridge Bank, Santa Clara County's newest full-service business bank today announced that it has been approved to list its securities…


DTI to relax collateral requirements on SMEs

The Department of Trade and Industry will relax the collateral requirement on microbusinesses and small and medium enterprises (SMEs) for…

#assignment#risk#smes


Citibank to focus on SMEs through transportation funding

Citibank has bought out portfolios of over Rs 1,000 crore in the last 14 months from non-banking financial companies (NBFCs)…

#bank#banks#funding


Chilean unit of Coface reports increase in income

The Chilean unit of French credit insurance company Coface saw its premiums grow 34% during 2002 and booked net income…


No improvement in payment times of PLCs

The findings also raise questions about economic prospects for The Federation of Small Businesses (FSB) published payment-performance tables for over…

#late payment#management#payment delays


Scottish business failures rise 6.4%

The number of business failures in Scotland increased by 6.4% last year to the highest level for nine years, according…

#economy


Factoring company plans 30 per cent leasing portfolio growth...

Hanza Lizings leasing and factoring company expects 30 percent leasing portfolio growth this year, company director Artis Birkmanis told reporters.…

Factoring activities contribute to Sterling Bancorp’s increase in profit

Sterling Bancorp, in its announcement of company figures for year ended 31 December 2002, attributed its increase in non-interest income…

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