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Euro Sales Finance release financial statement for the six...

Euro Sales Finance has released its financial statement for the six-month period ended 31 December 2001. The company recorded a turnover of Ј9.9m but experienced a huge loss for the period of Ј23.3m. Acquired by The Royal Bank of Scotland...

Business sentiment eases recession fears

Germany's closely-watched business climate Ifo index fell for a sixth consecutive month in November, confirming the fragility of German economic…

#bank#confirming#German economy


US economy hits 4% growth in third quarter

The US economy grew faster in the third quarter than first reported, and consumer confidence rose from a nine-month low…


International Factors Group (IFG) to widen role in international...

At their recent General Assembly, the International Factors Group decided to reposition and widen the scope of the Group’s role…

#commercial finance#credit protection#international


Hong Kong October exports post fastest growth in 2...

Hong Kong's exports exceeded expectations to post the fastest growth rate in two years, as strong exports growth to China…

#bank#Boost#economic recovery


Businesses to book bad debt as cost to cut...

Some 36,000 companies have reported their intention to book bad debts totalling ZL5.7bn as costs in order to reduce their…

#bad debts#Bill#receivables


Manufacturers confident about economy

Local manufacturers are concerned about oil price fluctuations and global economic uncertainty, according to the first Thai Industries Sentiment Index…

#economy#exports


Call for tougher export credit agency guidelines

Environmental pressure groups will meet officials from the Organisation for Economic Co-operation and Development today as they launch a campaign…


Experts propose comprehensive service system for Chinese SMEs

Chinese and Italian experts proposed setting up a comprehensive service system for China's small and medium-sized enterprises (SMEs). Statistics from…


East China promotes SME development.

Small and medium-sized enterprises (SMEs) with potential are facing problems with back-up services such as financing, personnel training, management consultancy…


Factoring and leasing flourishes in Latvia

The aggregate leasing and factoring portfolio of members of the Latvian Leasing Provider Association (LLPA) reached 259.5 million lats in…


Gathering clouds over Asia's 'star pupil' are bad news...

South Korea has paid back its debt to the IMF, cleaned up most of its bad loans and emerged as…

#bank#exports#international

Sterling Bancorp announces healthy increase in its effective annual...

Sterling Bancorp (NYSE: STL), parent company of Sterling National Bank, today announced that its Board of Directors declared a 20%…

#bank#financial services#international

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