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Supervisor of Banks, Yoav Lehman, is drafting new guidelines for banks that will reduce drastically the availability of overdrafts on current accounts for small- and medium-sized enterprises (SMEs) and individuals. Lehman informed the Knesset Economics Committee of the draft guidelines...
#bank#banks#interest
The city of Adaba in Jordan will play host to a major regional conference: “Competitiveness” Key to SME Development. The…
The new fund for loans to small businesses will begin operations in the next few days after the Knesset Finance…
#bank#recession#security
Minister of Industry, Trade and Labour Ehud Olmert, speaking at the World Association of Small and Medium Enterprises (WASME) Conference,…
The European Investment Bank (EIB) announced yesterday (10 September) that it is providing Ђ40 million for financing capital investment projects…
HSBC has launched a new service specifically designed to assist businesses with financing against their outstanding invoices for both their…
#financial services#international#international factoring
The International Finance Corporation (IFC) has signed an advisory services mandate to assist Egypt’s leading private financial institution, Commercial International…
#bank#financial institution#financial services
Taageer Finance Company SAOC, the youngest non-banking finance company in Oman, reported a 2.7 times jump in its net profit…
#bank#investment#leasing
A third Omani company was listed on the Bahrain Stock Exchange (BSE) yesterday, prompting talk of the formation of a…
Encouraging exports with the support of financial institutions is key to Lebanon’s economic revival according to experts at the 9th…
The changes in the ownership of Gerling NCM Credit and Finance, a part of Germany’s Gerling Group, will help Clal…
#bank#Deutsche Bank#export credit insurance
The Syrian Government has agreed to provide the European Investment Bank (EIB) with a guarantee for the loans the EIB…
#bank#banks#guarantee
The Prime Minister, Shaikh Khalifa bin Salman Al Khalifa, yesterday praised the initiative and pioneering spirit of entrepreneurs who are…
#bank#economy#leadership