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Banks channel fresh loans to SMEs

The Indonesian banking sector channelled some 30.7 trillion rupiah (US$3.3bn) in fresh loans to small- and medium-sized enterprises (SMEs) last year, exceeding the initial target of 30 trillion rupiah. "The credit realisation accounted for some 43 per cent of the...

Close appoints new deputy chief executive

David Thomson has been appointed deputy chief executive of Close Invoice Finance. He will remain Managing Director of Metropolitan Factors,…


An analysis of Scottish corporate failure

Examining the rate of corporate failure in Scotland as a means of identifying overall trends and shifting patterns is a…

#Clear#economy#insolvency


Bank of England rate cut dangerous for business?

The latest Government figures (reported on factorscan 7 February) show that the number of companies going out of business is…


Bibby’s national SME survey shows skills gap widening

The shortage of skilled workers across the UK is getting worse and is holding back small- and medium-sized firms according…

#financial services#management#small business


Electronic loans to SMEs of US$15.6m via B2B portal...

Colombia's largest bank, Bancolombia (www.bancolombia.com), paid out in 2002 46.4bn pesos (US$15.6m) through its B2B portal Credipagos Virtual, said electronic…


United States: Jones Day merger with Gouldens confirmed

The international law firm Jones Day and the leading City of London firm Gouldens announced that they will merge their…

#international


The Chartered Institute of Purchasing and Supply joins the...

The Better Payment Practice Group (BPPG) has welcomed The Chartered Institute of Purchasing And Supply (CIPS) as its latest member.…

#i#management#payment terms


Paris office of Mayer, Brown, Rowe & Maw recruits...

The Paris office of Mayer, Brown, Rowe & Maw has recruited a team of corporate lawyers from SG Archibald, a…


Coface’s sector trends report published

After several months of price and inventory decline, a cyclical upturn in some economic sectors could provide the basis for…


Independent Growth Finance beefs up their Midlands Office

Independent Growth Finance (IGF) has announced the further strengthening of its client management team with the recent appointment of Geoff…


ABN to provide US$80 m trade finance facility

The International Finance Corporation, (IFC), and ABN Amro signed an agreement to provide Pakistan with a US$80 million trade financing…

#ABN AMRO#bank#exports

Insolvency service to consult concerning extending company administration measures...

The Enterprise Act received Royal Assent on 7 November 2002. At that time the Secretary of State for Trade and…

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