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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 for tough social and environmental guidelines to be imposed on European export credit agencies. The non-governmental organisations (NGOs) argue that...

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


Fast growth as factoring gets wider acceptance.

Factoring companies have increased their business by 8.2% from January to September to Pesos$1,228,287 million (US$1,820 million), according to estimates…


Inverlink to open bank targeted at SMEs

Chilean financial group Inverlink plans to file for a banking license before year-end with a view to opening a bank…


SIFC aims is for larger number of smaller loans...

By speeding up approvals over the next six weeks, the Small Industry Finance Corporation (SIFC) expects to reach its lending…

#economy#small businesses#smes


SME fund manager, One Asset, comes under attack.

The managers of a state venture capital fund for small business have failed in their mission and should be dismissed,…

#liquidity#management#small business


EquiFin reports Q3 2002 and nine month financial results

EquiFin, Inc. (AMEX:II AND II,WS), today reported third quarter and nine-month results for the period ended September 30, 2002. EquiFin,…

#AMEX#compliance


Brazil hikes prime rate to crush inflationary pressures

For the second time in two months, Brazil's central bank increased its prime lending rate, this time by a percentage…

#bank#Bank of America#economy

Transamerica sets up wholesale financing joint venture with Brunswick

Transamerica Distribution Finance, a global provider of inventory finance, accounts receivable finance, and asset-based lending services and Brunswick Corporation (NYSE:…

#accounts receivable finance#financial institutions#Inventory finance

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