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banks

President Basescu tells businesses to turn to the banks

The Romanian President expressed his confidence in the country's banking system and is encouraging local business to turn to banks for funding.  (more…)

#bank#banks#crisis

Banks shunned by SMEs as they to turn to...

Treasury figures indicate that demand for loans from the state-supported Kenya Industrial Estates (KIE) rose dramatically in 2008.  (more…)

#bank#banks#smes


Islamic banking looks to service SME market

RHB Islamic Bank targets the SME sector and expects to see good growth in the coming years. (more…)

#bank#banks#economy


Eighty percent of duitiable import invoices reportedly fake

Officials in the Ghanaian Customs Office claim that up to eighty percent of invoices covering imports into the country are…

#banks#Boost#trade


Potential Finance in Administration

Potential announce that they are now in administration. (more…)

#banks#Clear#guarantees


SPRING Singapore says credit situation improving

SPRING Singapore said Wednesday the credit situation for companies is improving (more…)

#banks#crisis#financial institutions


Compania de Factoring seeks to borrow EUR10m to fund...

Compania de Factoring plans to borrow €10m in the first quarter of 2009 to finance contracts agreed with SMEs (more…)

#bank#banks#funding


Banca Transilvania’s net profit soared 32% in 2008

Banca Transilvania, parent company of Compania de Factoring - Romania s largest factoring company, is expected to announce a 32 percent…

#bank#banks#financial institutions


Barclays ‘withstands impact’ of credit crunch

Barclays have written an open letter to reassure investors of its continuing good health, announcing that  the bank would report…

#bank#banks#investment


Crisis times see rise in factoring transactions

The Manufacturers Association of Israel has entered an agreement with Clal Finance Factoring, offering members factoring services at preferential terms to…

#bank#banks#bonds


Banks to provide KRW700bn to SMEs

The country's major banks have reached an agreement to provide up to 700 billion Korean Won in fresh loans to cash-strapped SMEs…

#bank#banks#liquidity


Budget to ease credit woes

Canadian Finance Minister Jim Flaherty has announced he may use his budget later this month to help ease tight credit markets and…

#bank#banks#Boost

Government pledges support for SMEs

The Government of Argentina has announced a new bidding among banks for the placement of US$350m, destined for the financing of…

#banks#conference#interest rates

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