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The Bank of Georgia has signed a US$4.5m credit guarantee agreement with KfW, the German development bank. According to the agreement, the Georgian bank will get access to the specially created Credit Guarantee Fund (CGF), which allows Bank of Georgia...
#bank#guarantee#international
An estimated 22,000 small- and medium- sized enterprises (SMEs) in Kenya will benefit from Sh4bn credit from the World Bank.…
#bank#international#management
The Canadian International Development Agency (CIDA) will grant P9.5 million (US$175,000) to the Philippines to promote small- and medium-sized enterprises…
#exporters#funding#international
Fortis has released its full year 2004 results today reporting net operating profit before realised capital gains increased by 25%…
#bank#commercial finance#insurance
Following the Supervisory Board meeting that examined the group financial statements on 4 March 4 2005, Clemens von Weichs, chairman…
Jean Laurent, chief executive of CrйditAgricole, France's biggest bank by assets, yesterday said it would hunt for acquisitions to strengthen…
#acquisition#bad debts#bank
According to foreign minister Natwar Singh, India is to pay special attention to Africa and will start economic co-operation. In…
#bank#conference#exports
Japan's UFJ Bank has announced that it will begin its factoring service for exporters later this month. The bank will…
FDA Annual Figures released this week show that factoring and invoice discounting has now become a Ј132 billion industry. FDA…
Fortis and Bank Austria Creditanstalt Leasing reached an agreement under which Fortis Lease Group will acquire BA-CA Leasing's Italian activities,…
#acquisition#bank#financial services
Spanish credit insurance company Credito y Caucion is on the verge of receiving authorisation to set up operations in Brazil.…
#Atradius#insurance#Two
Consolidated turnover rose 4.3% to 1,130.8 million euros (1.2% at constant consolidation scope and exchange rates) The loss ratio registered…
Export Import (Exim) Bank of India is likely to pick up an equity stake in Development Bank of Mauritius (DBM),…