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Ceskoslovenska Obchodni Banka (CSOB) and its subsidiary CSOB Leasing have received a loan of Ђ50m (CZK 1.6 bn) from the European Investment Bank to fund investment in Czech small- and medium- sized businesses (SMEs). CSOB plans to use the money...
#bank#investment#leasing
A judge granted bail to two brothers accused of defrauding a Portuguese bank branch out of $170 million that was…
#bank#Paid#risks
The Institute for Insurance Services for Foreign Trade (SACE) and Sanpaolo IMI have signed a Memorandum of Understanding for short-term…
#bank#exporters#international
Belgian KBC Insurance raised its stake in Polish insurer Warta from 40.03% to 51.03%. The increase in the shareholding fits…
#bank#insurance#KBC
Nine men were indicted on charges of stealing $170 million from a Portuguese bank branch in Florida through what prosecutors…
#bank#Clear#interest
The European Bank for Reconstruction and Development (EBRD) plans to restore its small- and medium-scale business financing programme in Turkmenistan,…
#bank#small business
Next year will see a cut in the corporate income tax (CIT) from 27 per cent to 19 per cent,…
#bank#CIT#insolvency
The World Bank will lend Ukraine $30 million for the first stage of its private sector development program in the…
#bank#World Bank
Mizuho Corporate Bank, a unit of Mizuho Financial Group Inc., has formed an alliance with the Bank of China in…
#bank#Bank of China#receivables
HSBC assistant general manager and head of commercial banking Margaret Leung said the bank's loans to small- and medium-sized enterprises…
#bank#commercial lending#SME loans
The Dutch bank is extending its 'Channel Finance' service to small- and medium-sized Indian businesses. This provides clients with greater…
#ABN AMRO#bank#international
Small- and medium-sized enterprises (SMEs) have come through three years of global investment slump relatively unscathed, closing the profitability gap…
#bank#cash-flow#economic outlook
The Czech business environment is increasingly confusing, corruption among government clerks is growing and the work of the courts is…
#bank#banks#guarantees