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South Korea's Eximbank is to open a line of credit for Vneshtorgbank (VTB) and Gazprombank to extend short-term trade finance worth US$30 million and $20 million, respectively. The agreements will enable Korean firms who export to or do business with...
#bank#Exim Bank#trade
Costa Rican financial group Consorcio Bantec plans to sell its factoring unit in order to address a liquidity shortfall of…
#bank#financial institution#i
The Slovak Police unit for investigating extra-serious crimes is reported to have detected several crimes linked to the Vseobecna uverova…
#bank#bankruptcy#Exim Bank
Abbey National plc (Abbey) has reached an agreement to sell its factoring business to the Bibby Financial Services Group. The…
#bank#financial services#invoice
First California Bank has announced that the US Small Business Administration (SBA) has approved the bank under its Preferred Lender…
#bank#banks#small business
The Bank of England has raised interest rates to 3.75% - the first rise in almost four years. The previous…
#bank#Bank of England#interest rates
Money laundering poses a serious threat to South Africa's democracy and governance which have been hard earned, says the National…
#anti-money laundering#bank#economy
Romania’s central bank board has decided to lower its intervention rate by 0.06 percentage points to 20.19% in a move…
#bank#inflation#trade
The sole offer for Konzumbank, made by the Hungarian Foreign Trade Bank Rt (MKB), was unanimously accepted by the board…
#bank#interest#smes
The Bank of England's latest investigation into conditions for small businesses has turned up a 'mixed picture' of results. The…
#bank#Bank of England#NatWest
India's central bank, the Reserve Bank of India (RBI), has left interest rates unchanged at 6%, but raised its forecast…
#bank#banks#Boost
The number of small businesses going bankrupt is set to hit the highest level in a decade, the Conservative party…
#bank#Bank of England#regulation
London Scottish Bank plc, the specialist financial services company, has announced that its two factoring companies, Sygnet and Isis, will…
#bank#factoring industry#financial services