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Canbank Factors Ltd reports best ever in volume and...

Canbank Factors Ltd, a subsidiary of Canara Bank, recorded its highest ever turnover (factoring volume) of Rs 1,223 crores for the year ended 31 March 2003. This represents a growth of 19.25 % over the previous year turnover of Rs...

#bank#banks#liquidity

Financial laws reform timetable announced

Starting as early as 2006, financial firms, including banks and insurers, will be free to provide the same or similar…

#bank#international#management


Resona Holdings to integrate factoring units in move to...

Resona Holdings Inc. decided on Tuesday (26 August) to reduce the number of its subsidiaries and affiliates to one-fourth the…

#bank#conference#international


Crestmark Bank announces new First VP for asset-based lending...

Crestmark Bank has introduced Mark Matheson as its newest first vice president. Matheson will initially be responsible for underwriting and…

#bank#commercial finance#management


A fall in outstanding loans at Export-Import Bank is...

Most local banks have enjoyed a steady increase in new lending during the past several months as consumers and companies…

#bank#exporters#guarantees


The government joins ADB to make US$ 85m loans...

The Indonesian government and the Asian Development Bank (ADB) will channel US$85m in loans for small- and medium-scale exporters across…

#ADB#bank#exporters


China policy bank to provide more financial support to...

The plans include creating a platform designed to provide SMEs with smoother access to capital and credit guarantees, boosting growth…

#bank#Bank of China#banks


Cattles Group reports 30 per cent profits growth in...

Sean Mahon, Chief Executive, reported that the group has achieved excellent results in the first half of 2003, reflecting the…

#bank#funding#invoice


Unicredit Factoring improves profits in 1st half results

UniCredit Factoring, the factoring division of Italian bank UniCredit, closed the first half of 2003 with net profits of Ђ3.5m…

#bank#Unicredit#Unicredit Factoring


Lloyds TSB Commercial Finance is runaway leader in asset-based...

Lloyds TSB Commercial Finance (LTSBCF) has confirmed its position as the leader in the UK's booming asset-based funding market, following…

#bank#business finance#commercial finance


National bank criticised for cutting interest rates

Head of Norway's national bank, Svein Gjedrem, is criticised after another severe cut in interest rates on Wednesday, 13 August…

#bank#inflation#interest


Alliance Bank programme for SMEs and SMIs

Alliance Bank, in collaboration with McFab (M) Sdn Bhd, has launched the Tradelink Purchasing Card Programme, aimed at helping small-…

#bank#smes

Key interest rates cut by 1%

The Reserve Bank said on Thursday (14 August) it was cutting its key repo rate by 100 basis points to…

#bank#banks#inflation

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