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Bibby is voted ‘Best Factor and Invoice Discounter of...

Leading business finance firm, Bibby Financial Services has been awarded the “Best Factor and Invoice Discounter of the Year” award by the commercial finance industry at the 2002 Business Finance Awards in London. The awards evening, held on 12th November...

#awards#business finance#commercial finance

Risk weighting for bank loans to SMEs reduced in...

The Philippine Monetary Board approved on 21 November 2002 a lower risk weight for banks’ SME and micro-finance loan portfolios…


Minerals firm secures combined export credit and commercial loan...

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 defends performance of SME Venture Capital Fund.

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


State-owned bank boosts export finance to SMEs

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


Stock Exchange clears factoring company for SME listing

The Philippine Stock Exchange has approved the listing of leasing and financing firm Makati Finance Corp.(MFC) on its small and…


Local banker plans to buy into US

Chilean banker Odde Rishmague, who is engaged in factoring, financial advisory, and real estate in his home country, is planning…

#acquisition#bank#banks


Siemens Financial Services and Aon Jauch & Hьbener pool...

On Nov. 26, 2002, the EU Commission approved the creation of Industrieschutz Insurance Broker GmbH (IIB) retroactively from Oct. 1,…


Gerling divests unwanted business in re-focusing effort

Gerling Group said it has reached a deal to divest its reinsurance operations to a consortium headed by a former…

#insurance#reinsurance#risks


Government plans credit safety net for SMEs

The Japanese Ministry of Economy, Trade and Industry plans one trillion yen (8.2 billion US dollars) in safety net measures…

#banks#funding#guarantee


Export Credit Agency releases first annual report

Africa is a particularly risky continent on which to do business. In recognition of that reality, the South African government…

#bank#financial services#guarantees


Chancellor helps SMEs to obtain credit

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

Minister announces package to reverse SME decline

Economy Minister Jacek Piechota has announced that a second legislative package will be issued this year to promote small and…

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