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IFC looks to invest an extra $70 million in...

The International Finance Corporation (IFC), part of the World Bank Group, plans a further investment of US$70 million in Vietnam this year, with some private companies targeted. Country manager Deepak C. Khanna said; "Our strategy is to help Vietnam strengthen...

#bank#banks#international

GM finance arm considers suing Bank of New York...

Executives at GM Acceptance Corporation, the financial arm of General Motors, are considering suing Bank of New York (BoNY) in…

#bank#CIT#commercial finance


Small firms told to face the factoring facts

Many small firms still view factoring or discounting with “unwarranted” suspicion, says John Twigg, chief executive of small business advisor,…

#bank#interest#small business


IFC and Zurich Emerging Markets Solutions establish a risk...

The International Finance Corporation (IFC), the private sector arm of the World Bank Group, and Zurich Emerging Markets Solutions, the…

#bank#emerging markets#international


Japanese bank lends Mexico US$250m for SME upgrades

The Japan Bank for International Cooperation (JBIC) has provided Mexico with US$250 million for upgrading small- and medium-sized enterprises (SMEs)…

#bank#international#smes


Standard & Poor’s affirms GERLING NCM 'A' Rating

Standard & Poor's Ratings Services has affirmed its 'A' counterparty credit and insurer financial strength ratings on the core operating…

#Atradius#bank#Deutsche Bank


Bank Industri posts record pre-tax profit

Bank Industri group, comprising Bank Industri & Teknologi Bhd, Exim Bank and Malaysia Export Credit Insurance Bhd, has posted a…

#bad debts#bank#Exim Bank


Economic confidence boosts industrial output

Industrial output rose by 11.7 per cent in June when compared to the same month last year, above market expectations…

#bank#exporters#exports


Central Bank increases by 1% the rate of intervention...

Romania’s Central Bank (BNR) decided to increase by 1% - to 19.25 from 18.25 - BNR’s rate of the intervention…

#bank#banks#guarantee


Government provides financial and consultation assistance for “smart” SMEs

Amid an apparent renaissance of small-business spirit, the government will provide financial and consultation services to young entrepreneurs between 20…

#bank#smes#software


SMEs to get international financial support

The Dong A Commercial Joint Stock Bank has been receiving assigned capital from international agencies to carry out financial programmes…

#bank#international#smes


National Bank to keep discount rate at 7% in...

Arsen Yatsenyuk, first deputy chairman announced that The National Bank of Ukraine (NBU) plans to leave its discount rate at…

#bank#inflation

Highams announce final results

Highams Systems Services Group plc announced its preliminary results for the year ended 31 March 2003. Highams Business Solutions sector…

#bank#Hi#i

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