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International Finance Corporation proposes small business finance for Iraq

The World Bank's private-sector financing arm will seek support for more than US$100 million worth of projects in Iraq at the conference for the war-torn country, an official said on Thursday 16 October. The International Finance Corporation (IFC) said it...

#bank#business finance#conference

Banks to tighten lending to smaller companies

With the nation's economic slump leaving a raft of companies behind on their debt payments, domestic banks are moving to…

#bank#financial services#guarantees


RBS Commercial Services’ bad debt protection

More and more businesses using invoice finance are protecting themselves against bad debt caused by the failure of one or…

#bank#international#invoice


US Ex-Im Bank committed to expand Trade Finance for...

Export-Import Bank of the United States (Ex-Im Bank) president and chairman Philip Merrill provided a positive assessment of Eastern Europe's…

#bank#exports#guarantees


Tough times ahead, warns BoE governor

Britain faces tougher times throughout the coming decade, Mervyn King warned on Tuesday night in his first speech since taking…

#bank#Bank of England#interest rates


Banks transfer to International Accounting Standard

The Russian Central Bank and Finance Ministry plan to recommend audit firms for International Accounting Standard (IAS) reports, Central Bank…

#bank#banks#international


Adoption of Euro in 2009-2010

The government yesterday approved a strategy for adopting the euro in 2009 or 2010. The prerequisites for the transfer to…

#bank


Fortis Bank signs two “multi-sourcing” framework agreements

Fortis Bank has signed two new “multi-sourcing” framework agreements of Ђ50 million each with Vietindebank and Vietcombank. These agreements were…

#bank#exporters#financial services


NAB Business Conditions Survey confirms a strong economy despite...

The Australian economy is showing unrelenting strength, with forward orders and capital expenditure accelerating in trend terms through the September…

#bank#inflation#interest rate


Canbank Factors net profit up 14.5%

Canbank Factors Ltd, a subsidiary of Canara Bank, has recorded a net profit of Rs 5.2 crore for the quarter…

#bank


Deadline set on phone debt failures

The telephone ombudsman has given major phone companies until Christmas to stop harassing customers for phone bill debts or face…

#bank#Bill#MAN


Small firms are key to development in Africa

Small- and medium-sized enterprises (SMEs) are key to African development, South African Reserve Bank (SARB) governor Tito Mboweni said in…

#bank#conference#small businesses

Exports to Europe lowest in four years

Britain's exports to the rest of the European Union fell to their lowest level in more than four years in…

#bank#Bank of England#exporters

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