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Ontario and Alberta to lead growth of small businesses...

Ontario and Alberta will foster the most growth in small businesses in Canada over the next five years due to immigration and developments in the energy sector, according to a new study by Canadian Imperial Bank of Commerce (CIBC) released...

#bank#CIBC#small business

Mandiri Bank to cut debt for SMEs

Shareholders of state-owned Bank Mandiri on Monday (29 September) approved the bank's plan to grant Rp2,000bn (US$238m) debt retrenchment, mostly…

#bank#management#smes


NIS30 million state fund to give loans to small...

The new fund for loans to small businesses will begin operations in the next few days after the Knesset Finance…

#bank#recession#security


Growth surprise boosts Brown and raises interest rate fears

The UK economy grew twice as fast as previously thought in the second quarter of 2003, official figures have shown.…

#bank#Bank of England#Commerzbank


Bank of New York and GMAC agree on settlement

The Bank of New York Company, Inc. (BNY) and General Motors Acceptance Corporation (GMAC) have agreed to a settlement regarding…

#bank#SEC


Banca Comerciala Romana privatisation to be completed in 2006

The privatisation process of Romania’s largest commercial bank Banca Comerciala Romana will be completed by 2006 once the government has…

#bank#IMF#memorandum of understanding


West Bengal Industrial Development Corporation to securitise asset portfolio...

Leading Indian and foreign banks, including Citigroup, Deutsche Bank, Syndicate Bank, ICICI Bank, and State Bank of India, have evinced…

#bank#Deutsche Bank#international


Firm folds under factoring agreement when ES Bankest forced...

What started as a helping hand has strangled a struggling local tech firm. Chantilly-based Stratesec abruptly shut its doors because…

#bank#cash-flow#international


Industrial Bank of Korea to lend 1,000bn won to...

The Industrial Bank of Korea unveiled its plan yesterday (26 September) to provide a total of 1,000bn won ($865.8m) in…

#bank#bankruptcy#Clear


Strengthening Norwegian Krone suggests interest rate cut imminent

The Norwegian Krone has greatly strengthened and has reached its highest level since June. This may force The Norwegian Central…

#bank#interest#interest rate


Ceska Sporitelna launches energy conservation loan programme

Savings bank Ceska Sporitelna is to launch a new money-lending programme Finesa that will provide loans to small- and medium-sized…

#bank#international#investment

Collapsed ad agency had been bought in by management...

The High Court has appointed Jim Stafford as liquidator of collapsed agency Doherty Advertising Ltd, following a petition from Independent…

#bank#cash-flow#invoice

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