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Businesses do not share the chancellor's optimism in a swift revival of growth next year, according to several confidence surveys released today. In his pre-Budget report Gordon Brown forecast that the economy would grow 1.6 per cent this year before...
#financial services#interest rate#international
Accord Financial Corp. (TSX - ACD), a leading North American provider of asset-based financial services to businesses, including lending, factoring,…
GE Commercial Finance announced it has completed its acquisition of the structured finance business of ABB. ABB and GE Commercial…
#acquisition#commercial finance#financial services
Leading business finance firm, Bibby Financial Services has been awarded the “Best Factor and Invoice Discounter of the Year” award…
#awards#business finance#commercial finance
The Philippine Monetary Board approved on 21 November 2002 a lower risk weight for banks’ SME and micro-finance loan portfolios…
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