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The Philippine Monetary Board approved on 21 November 2002 a lower risk weight for banks’ SME and micro-finance loan portfolios that meet prudential standards. Under the new ruling, which modifies Circular No. 280 dated 29 March 2001, qualified SME and...
First Quantum Minerals Ltd. has signed a mandate and indicative term sheet with Standard Bank Group and WestLB AG as…
#bank#debt facility#export credit insurance
One Asset Management executives insist that they have managed the state-sponsored SME Venture Capital Fund with full professionalism, and that…
#banks#management#small businesses
Brazil’s federally owned Banco do Brasil (BB) was very much in the news as it boosted its Proex export financing…
#bank#export finance#exporters
The Philippine Stock Exchange has approved the listing of leasing and financing firm Makati Finance Corp.(MFC) on its small and…
Chilean banker Odde Rishmague, who is engaged in factoring, financial advisory, and real estate in his home country, is planning…
#acquisition#bank#banks
On Nov. 26, 2002, the EU Commission approved the creation of Industrieschutz Insurance Broker GmbH (IIB) retroactively from Oct. 1,…
Gerling Group said it has reached a deal to divest its reinsurance operations to a consortium headed by a former…
#insurance#reinsurance#risks
The Japanese Ministry of Economy, Trade and Industry plans one trillion yen (8.2 billion US dollars) in safety net measures…
#banks#funding#guarantee
Africa is a particularly risky continent on which to do business. In recognition of that reality, the South African government…
#bank#financial services#guarantees
Thousands of small businesses will find it easier to obtain bank loans because of changes announced in today's Pre Budget…
#bank#security#small business
Economy Minister Jacek Piechota has announced that a second legislative package will be issued this year to promote small and…
Zones, Inc. (Nasdaq:ZONS), a single-source direct marketing reseller of name-brand information technology products, announced today that it has refinanced its…
#financial services#i#IBM