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Bank eases export finance rates by 25bps

Syndicate Bank, the Indian finance group, has announced a series of ‘softer’ loan terms to exporters with good track records. Under the bank’s SyndExport Gold Card scheme, exporters that have demonstrated a track record of ‘satisfactory dealings’ will receive finance...

#bank#export finance#exporters

Base rate cut by 50bps

The Monetary Council of the National Bank of Hungary Rt (MNB) has cut the central bank base rate by 50…

#bank#inflation#international


Government to formulate programme and financing for SMEs

The International Trade and Industry Ministry (Miti) has identified new services areas to be promoted through its agencies. These areas…

#bank#exports#international


SME profitability hit by rising costs – CBI

The Bank of England's attempts to cool the economy is hampering the recovery of smaller manufacturers, according to a survey…

#bank#Bank of England#economy


FCI announces Factor of the Year 2004

Factors Chain International (FCI) announced the winners of its three coveted annual awards during the 36th FCI Annual General Meeting…

#awards#bank#commercial finance


NBU forecasts FDI to exceed $2bn in 2004

According to the Finance Ministry's calculations, payments to reimburse foreign state debt of Ukraine will be covered from new borrowings…

#bank#economy#international


First Business Financial Services, Inc. announces plans for future...

First Business Financial Services, Inc. has announced plans to file as a public company with the Securities and Exchange Commission…

#bank#commercial finance#financial services


Sociйtй Gйnйrale to reorganise European factoring subsidiaries

Sociйtй Gйnйrale, the French banking group, says it plans to coordinate its European factoring activities, creating a "federation" of factoring…

#bank#financial services#international


Bank of England signals rates are near peak

The Bank of England has signalled that interest rates are near their peak, suggesting that only one or two more…

#bank#Bank of England#GDP


Ex-Im Bank authorises US$600 million to support exports to...

In the first three quarters of fiscal year 2004, ending 30 June 2004, the Export-Import Bank of the United States…

#bank#exporters#exports


Businesses must ensure they protect against non-payment when exporting

Fortis Commercial Finance says preparation is essential for fast-growing businesses. In the last few years there has been a huge…

#bank#commercial finance#International Trade


Euler Hermes raises stake in credit insurer

Euler Hermes, the French credit insurance company, confirmed on Friday that it has increased its stake in the Portuguese credit…

#Allianz#bank#insurance

Lender confidence and bank competition boost number of loans

Small- and medium-sized enterprises (SMEs) have finally found a way to get hold of bank loans. Banks have reported an…

#bank#exporters#international

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