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Public sector banks finalise new PLR formula

Public sector banks have finalised the formula for arriving at the new benchmark prime lending rate (PLR) as prescribed by the Reserve Bank of India. Syndicate Bank is among PSU banks expected to shortly announce the new rates on this...

#bank#banks#risk

Leasing activities boost leading bank’s nine-month bottom lines

Leasing is a growing activity and has helped leading banks compensate for continuously shrivelling lending margins, according to recently released…

#bank#banks#Boost


Export Development Canada cash advance gets show on the...

Montreal-based Cirque Eloize is flying high with the help of pre-shipment financing, a financing product offered by Export Development Canada…

#bank#bank loan#exporters


UPS introduces synchronised commerce business solution for SMEs

United Parcel Service Sdn Bhd (UPS) is focusing on small- and medium-sized enterprises (SMEs) to promote its business solution, known…

#bank#exporters#International Trade


New chairman for SME bank

The French state-controlled bank for SMEs has appointed as chairman, Jean-Pierre Denis, former head of Dalkier, a subsidiary of French…

#bank#management#SME bank


Calpia to become bank in January 2004

Finance company Calpia will become a bank in January next year according to Calpia general manager Silke Muffelmann. As a…

#bank#banks#insurance


EBRD report upbeat about economy but criticizes bankruptcy laws

The European Bank for Reconstruction and Development (EBRD) has identified flaws in the legal framework for business and the bankruptcy…

#bank#bankruptcy#insolvency


Survey highlights accountants’ views on invoice finance

When recommending an invoice finance supplier, professional advisors’ top three considerations were, in order of importance: to be part of…

#bank#financial institution#invoice


Federal Reserve sees steady growth ahead

Federal Reserve (Fed) officials said on Friday that healthy US economic growth looks likely to continue, but low inflation means…

#bank#economy#i


Changes in Hungary’s venture capital scene

The president of the Hungarian Venture Capital and Private Equity Association (HVCA) Juliбn Tzvetkov, says he expects fundamental changes in…

#bank#banks#conference


SMEs starved of finance

After a report quoted the loan rejection rate for China’s small- to medium-sized enterprises (SMEs) as 56 per cent, Ou…

#bank#Boost#funding


Caisse d'Epargne begins integration of SME and operations including...

CNCE, the central bank that heads the Caisses d'Epargne network of French government-owned, not-for-profit savings banks, confirmed yesterday that it…

#bank#banks#international

Afghan private bank to finance small businesses

The First Micro Finance Bank of Afghanistan, one of the first commercial banks in the post-conflict country, will help would-be…

#bank#banks#small business

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