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Global

An overview of GE Capital’s changing relationship with General...

The Financial Times reported today on GE Capital’s changing relationship with its parent, General Electric. Last year GE Capital, once considered the source of General Electric’s strength became central to concerns about the group’s financial health. In response, the group’s...

Number of SMEs falls

The number of small and mid-sized enterprises (SMEs) opening for business in November fell both from the previous month and…


Niche bank to target SMEs with factoring and leasing...

Chile's Banco Progreso said that it would start operating as a niche bank in 2004, with a focus on small…


A.M. Best affirms rating of Assurances Generales de France

A.M. Best Co. has affirmed the financial strength rating of A++ (Superior) of Assurances Generales de France (AGF), France, and…

#acquisition#Allianz#international


UK growth in Q3 appears to be at fastest...

Government statisticians say that the UK's economy grew by its fastest rate in nearly three years during the third quarter…


Company insolvencies increased in 2002

The number of businesses failed in the fourth quarter of 2002 increased by 4.6 per cent compared with the fourth…


Banking system posts US$594mn profits in November but show...

Chile's banking system had profits totaling 492bn pesos (US$594mn) for November, up 7.03% compared to the previous month, banking regulator…


Highams Systems release interim results for the six months...

Highams Systems have released its financial results for the six months ended 30 September 2002. The company reported a turnover…

#bank#financial services#software


Central Bank downgrades its economic growth forecast to 3%

The Central Bank of Ireland has signalled a marked slowdown in economic growth here next year, suggesting the economy will…

#bad debts#bank#interest rates


Boost to small and medium size enterprises

An initial amount of ў21 billion loan agreement for the Trust Bank Limited has been signed between the Swiss State…

#bank#bonds#management


DnB swoops on bank hit by Finance Credit scandal

Norway's largest bank is seizing, as expected, a chance to take over Bodoe-based NordlandsBanken. Den norske Bank (DnB) said Friday…


State firms still dominate China's economy

A survey of China's top companies in 2002 has highlighted the extent to which the state sector still overwhelmingly dominates…

#economy

Latest analyses on the credit insurance markets in the...

Bangkok Bank chairman Kosit Panpiemras said that continuing excess liquidity among Thailand’s commercial banks could see them opting for further…

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