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Public Bank posts record profit, SME loans up 14%

Public Bank Bhd has posted a record net profit of just over RM1bn for the financial year ended 31 December 2003, on strong growth in loans to small- and medium-sized enterprises (SMEs) and consumers. Group profit before tax improved to...

#bank#SME loans#smes

Banks' long-term credit rating improving

Things are looking up in Turkey. The Fitch Agency, which issues international credit ratings, has upgraded both Turkey's credit rating…

#bank#banks#international


Banks not fully equipped to lend to small-scale sector...

Reserve Bank of India has said that banks are not fully equipped to promote small-scale enterprises and asked them to…

#bank#exports#risk


Foreign banks licenced for yuan transactions, one to start...

Chinese financial authorities granted licences to four foreign banks on Friday, allowing them to carry out transactions in yuan directly…

#bank#banks


EBRD and CEB lend 30m euros to support SMEs

CIB Bank, the Hungarian subsidiary of Italy's Banca Intesa Group, has received Ђ30m from the European Bank for Reconstruction and…

#Access to Finance#bank#European Commission


Central bank cuts interest rates

As expected, Sweden’s central bank has reduced interest rates by 0.25 percentage points to the lowest level since the end…

#bank#inflation#interest rates


Northern Ireland’s economy expands for tenth month in a...

Northern Ireland's private sector economy expanded for the tenth successive month in January, according to the Ulster Bank PMI survey…

#bank#economy#inflation


Economy heading towards recovery

The South Korean economy is showing signs of recovery, including strong exports and positive expectations from large businesses, according to…

#bank#exports#GDP


FAPCCI and SIDBI offer training for new exporters

The Federation of Andhra Pradesh Chamber of Commerce and Industry (FAPCCI) in association with Small Industries Development Bank of India…

#bank#exporters#exports


BRE Leasing profit nearly doubles

Net profit of BRE Leasing increased to Zl3 million in 2003 compared to Zl1.6 m in 2002. Volume of new…

#bank#leasing


ECB shrugs off currency fears

The European Central Bank (ECB) today announced it would keep interest rates on hold for an eighth consecutive month in…

#bank#Bank of England#conference


ECGD helps boost small companies in the Northeast with...

A small County Durham-based specialist engineering company has won Ј6.7million of business to supply copper tube manufacturing equipment to Mexico…

#bank#exporters#exports

Bank of England raises rates

The Bank of England raised its main interest rate today for the second time in three months. The quarter-point rise…

#bank#Bank of England#Deutsche Bank

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