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Serbian companies lack funds for financing export production

The main reason identified for the big foreign-trade deficit in the past year is the inability of companies to find the funds to finance export production, according to Radovan Kovacevic, director of the Center for Scientific Research Work of the...

#bank#guarantees#interest

Anfac calls for factoring regulation

Chile's factoring industry would only become subject to official state regulation if the companies concerned were to begin to handle…

#bank#factoring industry#factoring regulation


New system of guarantees will satisfy more applicants

The main goal of the Slovak Guarantee and Development Bank (SGDB), Inc. this year is more capital issued to effectively…

#bank#banks#guarantee


Banco de Chile report solid performance from factoring unit...

Banco de Chile has posted net income of 130bn pesos (US$220m) for last year, up 146% compared to 2002 on…

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Exporters will get to hedge trade risk

The mini-Exim Policy today raised the equity base of the Export Credit Guarantee Corporation (ECGC) of India by Rs 300…

#bank#exporters#exports


Norges Bank reduces interest rates

Norway's central bank cut its key interest rate yesterday by 25 basis points to a new record low 2.0 per…

#bank#economy#inflation


Cashflow a problem for small business

Cashflow has emerged as the biggest concern for South Australian small businesses, according to a survey carried out by Intrinsic,…

#bank#management#small business


Key Capital Factoring Inc. changes its name

Last year, Key Bank and Trust changed its name to K Bank, after a lengthy lawsuit over the Key name…

#bank#Trust


United Finance net profit up 10%

United Finance Company SAOG (UFC), one of the fastest growing non-banking financial institutions in Oman and the Middle East, has…

#bank#financial institutions#leasing


EXIM to become core bank for international business

The Export-Import Bank of Korea (EXIM Bank) will focus primarily on opening up new markets in developing countries and expanding…

#bank#guarantees#international


Polish factoring turnover rises in 2003, more expected in...

Turnover in Poland's budding factoring market grew almost 18% to Zloty 12bn in 2003, said officials at the industry's Factoring…

#bank#conference#exports


Moody's rating for Banorte factoring and leasing subsidiaries

The Mexican subsidiary of international ratings agency Moody's has assigned the factoring and leasing subsidiaries of local financial group Banorte…

#bank#international#leasing

World Bank launches Small Grants Programme

The World Bank Sofia Office has announced the start of its Small Grants Programme 2004 in Bulgaria. The Small Grants…

#bank#World Bank

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