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Chinese central bank hints at further tightening

China's central bank said that further measures might be needed to slow credit growth after it tightened monetary policy by raising some interest rates. The central bank raised the rediscount rate at which it lends for up to 60 days...

#bank#Bank of China#banks

The Royal Bank Of Scotland Commercial Services strengthens North...

The Royal Bank of Scotland Commercial Services (RBS Commercial Services), the invoice finance arm of The Royal Bank of Scotland,…

#bank#financial services#international


Bank Leumi USA appoints three experienced factors to New...

Bank Leumi USA yesterday announced the appointment of three vice presidents, Mitchell Meth, Ralph Mascia, and Mary Ellen Bianco, to…

#bank#CIT#exporters


Defendant acquitted in Versailles trial

The Serious Fraud Office (SFO) suffered a fresh blow to its credibility yesterday after Lorraine Jones, one of the two…

#bank#trade#Two


Creative import procurement and financing options

A high-profile presentation on creative import solutions by UAE-USA joint venture firm, Al Taasees, was opened in Dubai yesterday by…

#bank#exports#interest rates


Central bank rate cuts surprise market

The Monetary Council of Hungary's central bank MNB decided to cut its base rate by 25 basis points to 12.25…

#bank#exports#international


COFACE Algeria’s first credit insurer – BNA

BNA Finances, published by the National Bank of Algeria (BNA), has named COFACE as the first credit-insurer operating in Algeria.…

#bank#guarantee#guarantees


Central bank reports rise in delinquent firms

The number of service businesses that defaulted on payments jumped last month. The Bank of Korea said yesterday that 401…

#bank


ASEAN-China investment fund launched to serve SMEs

The Swiss government, Asian Development Bank (ADB) and United Overseas Bank (UOB) launched an ASEAN-China investment fund on Friday as…

#ADB#bank#international


President urges bankers to accelerate lending to support economic...

Mexico's President Vicente Fox wants bankers to speed-up lending to support a nascent economic recovery, he told the Mexican Banking…

#bank#banks#conference


Eximbank cuts export loan rates

State Minister Kursad Tuzmen has announced that Eximbank has cut its short-term lira export loan rates by two per cent…

#bank#exporters#interest


Ex-Im Bank expands programmes to finance US exports to...

The Export-Import Bank of the United States (Ex-Im Bank) will offer expanded financing opportunities for US exports to the public…

#bank#emerging markets#exports

Banks squeezed to lend more

Bankers reacted negatively to the government's move to prod lenders to free up loans to consumers and small companies. A…

#bank#cash-flow#liquidity

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