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IFC assists Commercial International Bank to develop finance facilities...

The International Finance Corporation (IFC) has signed an advisory services mandate to assist Egypt’s leading private financial institution, Commercial International Bank (CIB), in developing retail and small- and medium-size enterprise (SME) finance operations. The North Africa Enterprise Development (NAED), a...

#bank#financial institution#financial services

Economy fear grips SMEs

Twice-yearly research by the Small Business Research Trust and Natwest bank shows that red tape is no longer small firms'…

#bank#international#International Trade


Independent Growth Finance expands further in the West Midlands

Independent Growth Finance (IGF) continues to grow its team in the Midlands with the appointment of Mike Bailey as regional…

#bank#IGF#insolvency


Banca Comerciala Romana named Best Romanian Bank 2002

The Romanian Commercial Bank (BCR) has been named "Best Romanian Bank" for 2002, by UK financial magazine Euromoney. The bank…

#bank


Taageer Finance lease and factoring income doubles in first...

Taageer Finance Company SAOC, the youngest non-banking finance company in Oman, reported a 2.7 times jump in its net profit…

#bank#investment#leasing


UK depends on global economic upturn as British economy...

Discussing the results from the Q2 2003 Quarterly Economic Survey, the director general of the British Chambers of Commerce (BCC),…

#bank#Bank of England#Boost


Credit insurance to boost non-bank factoring

According to Jose Schachner, chairman of Chile's factoring association, non-bank factoring companies in Chile are betting on credit insurance to…

#bank#Boost#insurance


Bank of China’s international factoring surges 800% in first...

The international service of the Bank of China rose greatly in the first six months of this year. The bank's…

#bank#Bank of China#international


Government loans to SMEs hit P11.8 billion

The government has announced that it has already released P11.8 billion worth of loans to the country's micro-, small- and…

#bank#guarantee#small business


Bank lending to SMEs up 17.8% in 2002

Second Finance Minister Datuk Dr Jamaludin Jarjis said bank lending to small- and medium-scale enterprises (SMEs) increased by 17.8% last…

#bank#investment#risks


Vietcombank provides US$32 million for SME loans

The Viet Nam Foreign Bank (Vietcombank) has pledged about US$32 million in loans this year to help small- and medium-sized…

#bank#risks#SME loans


RBS Commercial Services strengthens team in the South West...

The Royal Bank of Scotland Commercial Services (RBSCS), the invoice finance arm of The Royal Bank of Scotland, has today…

#bank#commercial finance#financial services

Gerling NCM Insurance Group still on Credit Watch Negative

Standard & Poor's Ratings Services has commented on the CreditWatch status of Germany-based credit insurance company Gerling NCM Credit and…

#bank#Deutsche Bank#risk

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