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Bancomext loans up 10%; most to SMEs

Mexico's national foreign trade bank Bancomext issued US$2.1bn in loans to support export activities in the first five months of 2004, up 10% from the same period last year, the bank said in a statement. During the first five months...

#bank#exports#smes

Factor seeks partnership with bank giant

Turkey Economy Bank (TEB) Financial Investments Inc., the private banking, factoring, leasing and investment group, announced yesterday that it is…

#bank#economy#insurance


ECGC mulls trade credit insurance launch for home

After insuring the receivables of India’s exporters in the global market, the state-run Export Credit Guarantee Corporation (ECGC) is planning…

#bank#exporters#exports


CNB stuns markets with interest rate rise

The Czech National Bank (CNB) bank board took the markets by surprise, raising interest rates by 0.25 percentage points. The…

#bank#banks#inflation


Bank sees domestic factoring potential following stake increase in...

Exim Bank of India will raise its stake in Global Trade Finance (GTF) from 35 per cent to 40 per…

#bank#exporters#global trade


HSBC names new factoring boss for Asia Pacific

The Hongkong and Shanghai Banking Corporation (HSBC) Limited has appointed Alistair Currie as head of trade services Asia Pacific, effective…

#bank#trade#WHO


Malaysia’s banks toughen up thanks to rise in SME...

Malaysia's banking system is expected to continue to remain strong and resilient on the back of a stronger capital base,…

#bank#international#SME lending


Bank PKO BP maintains its privatisation plans, SME focus

The privatisation of the largest domestic bank in Poland, PKO BP, might be delayed, but despite this, the fight to…

#bank#management#poland


One-stop shop factor posts 31pc hike in net profit

Canara Bank, the Indian finance house which provides overdraft finance, factoring, and mortgages, has posted a 31.3 per cent increase…

#bank#banks


SMEs need stronger business proposals to win bank loans

Members of institutions supporting small- and medium-sized enterprises (SMEs) development set the record straight to the apparent ongoing perception among…

#bank#banks#forum


S&P Risk Solutions rank European banks’ SME defaulted loans...

UK banks have a far better recovery rate for defaulted loans to small- and medium-sized enterprises (SMEs) than those in…

#bank#management#risk management


The challenges and opportunities in the banking sector

The UAE's banking sector is faced with several important issues once again. Anis Al Jallaf, chief executive and managing director…

#bank#banking services#cash management

Export-Import Bank of China opens new branch

The Export-Import Bank of China (China Exim Bank) established a branch in Qingdao in East China's Shandong Province on Friday.…

#bank#Bank of China#economy

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