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Jean Laurent, chief executive of CrйditAgricole, France's biggest bank by assets, yesterday said it would hunt for acquisitions to strengthen its European activities in factoring, insurance, asset management and consumer finance. Mr Laurent said Crйdit Agricole was "turning the page"...
#acquisition#bad debts#bank
Industrial Bank of Korea, the nation's biggest lender to small companies, announced its plans to increase lending to these clients…
#bank#Boost#economy
According to foreign minister Natwar Singh, India is to pay special attention to Africa and will start economic co-operation. In…
#bank#conference#exports
XRG Inc., a provider of a wide range of truckload freight services in the US, has announced that it had…
#bank#cash-flow#funding
Fortis has announced the appointment of Alexander Paklons as country manager for Poland. Alex Paklons was formerly director marketing personal…
#bank#international#poland
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
Bank of America announced a change in leadership in Bank of America Business Capital, the asset-based lending arm of its…
#bank#commercial finance#conference
Siam City Bank introduced SCIB-S, a commercial loan product aimed at small businesses and entrepreneurs. Loans ranging from 300,000 to…
#bank#interest rates#small business
Cyprus’s central bank cut interest rates by a quarter percentage point on Friday in an unexpected move that dealers saw…
#bank#GDP#interest
The National Australia Bank Ltd expects its new lending to small- and medium-sized enterprises (SMEs) and large businesses to exceed…
#bank#funding#SME lending
Small Industries Development Bank of India (SIDBI) today said it is in talks with 3-4 commercial banks for stake, so…
#bank#banks#liquidity
Kyiv-based Aval Bank has received the next US$1.8m tranche under the credit line of the European Bank for Reconstruction and…
#bank#guarantees#management
The Czech National Bank (CNB) and the Czech Statistical Office (CSU) are teaming up to develop a new monitoring system…
#bank#banks#i