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Romanian central bank decreases its key interest rate

Romanian central bank decreased its key interest rate by 72 basis points to 15.75 per cent p.a. Central bank reacted to slower pace of inflation. Inflation in Romania reached the estimated point of 9,4 per cent by the end of...

#bank#inflation#interest

Davenham sale may fetch Ј50m

Manchester finance firm Davenham could be sold within weeks for more than Ј30m. Its private equity owners are hoping to…

#bank#banks#funding


Muscat Finance profit up 6%

Muscat Finance Co. has announced record profit after tax of RO1.88 million compared to RO1.77 million in the previous year,…

#bank#corporate finance#management


Factoring group seeks external growth

Italian factoring group Banca Ifis intends to pursue external growth by acquiring another Italian group, says its chief executive Giovanni…

#Banca IFIS#bank#international


Factoring industry leaders to gather at Receivables Finance International...

The 5th Receivables Finance International Conference is to take place at The Hilton Arc de Triomphe Hotel, Paris, on 10…

#bank#commercial finance#conference


Marquette Business Credit acquires loan facilities from Capital Factors

Marquette Business Credit has acquired US$87.5m in revolving credit and term loan facilities from Capital Factors. The sale by Capital…

#asset-based lender#bank#commercial finance


Philippines' Equitable PCI and Germany's NordLB sign import finance...

Equitable PCI Bank has signed a deal with Germany's state-owned Norddeutsche Landesbank (NordLB) for a Ђ50m long-term financing facility that…

#bank#insurance


Sidbi wants stake in a bank to serve SMEs

Small Industries Development Bank of India (Sidbi) has submitted a proposal to Finance Minster P Chidambaram for taking a strategic…

#bank#banks#SIDBI


New fund to support business growth in UK South...

An exciting new era for businesses across the South West is about to unfold with the launch today of a…

#bank#commercial finance#funding


New SME bank to include easier access to funding...

Financial assistance for small- and medium-sized enterprises to invest in information and communications technology (ICT) systems should be included as…

#bank#banks#financial institutions


SMEDA calls for SME credit guarantee

Small and Medium Enterprise Developmental Authority, (SMEDA) has recommended early establishment of SME Credit Guarantee (SCG) and Credit Insurance Funds…

#bank#exports#international


Fortis Bank opens first new Business Centre in Switzerland...

Fortis Bank has received authorisation from the Swiss Authorities to open a Branch in Zurich (Switzerland) serving medium sized businesses…

#bank#Deutsche Bank#International Trade

Brunei SMEs call for improved access to financial facilities

Local small- and medium-sized enterprises (SMEs) have called for the setting up of a bank catering solely to their needs,…

#bank#banks#SAFE

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