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A high level meeting in the Planning Commission today on the flow of credit to the small scale sector decided to work on various proposals that would remove the current hurdles in such units seeking institutional finance. Among the proposals...
#bank#interest rates#late payment
The Industrial and Commercial Bank of China (ICBC) announced Tuesday that the central bank has officially ratified the ICBC to…
The UK recorded 1,855 business failures in November 2002, according to the latest figures released by Experian, the global information…
The number of bankruptcy filings in the federal courts in Fiscal Year (FY) 2002 broke records again, and with no…
The African Trade Insurance Agency (ATI), the continent’s only pan-African, multilateral export credit and political risk agency, today announced that…
#insolvency#international#political risks
The African Banking Corporation (ABC) group is to invest an additional US$2million in its operations in Zambia because the country…
#economy#financial services#invoice
Cattles Invoice Finance has expanded its operations with the opening of an office in Glasgow. The office will offer a…
Fleet Capital Corporation, one of the United States's largest asset-based lenders, announced today that it served as agent for a…
#capital requirements#liquidity#working capital
Federal Reserve policymakers are expected to hold interest rates at a 41-year low when they meet tomorrow following the sudden…
China plans to push forward the deregulation of its interest rates next year to boost lending to private companies, a…
#bank#Bank of China#interest rates
Monte Carlo, Europe’s playground for the rich and famous, was the setting for the 6th Annual Factors and Discounters Association’s…
#bank#conference#international
The Riksbank, Sweden's central bank, surprised financial markets yesterday morning by lowering its key rate for the second time in…
Manufacturers attacked the Bank of England yesterday for holding interest rates at 4 per cent for the 13th successive month…