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The effects of the global crisis in Turkey are boosting usury, a financing method to make excessive profit by providing money to those in need. (more…)
#bank#banks#interest rates
In its new paper LIBOR's governing body set out how this key indicator of the cost of borrowing is calculated…
#bank#Bank of England#banks
GFKL has announced it's intention to focus on the core business segments of Receivables Management (more…)
#3M#banks#management
Regional Minister Beverley Hughes and the NWDA have announced the launch of a Transition Loan Fund for businesses in the region (more…)
#banks#funding#risk
Central banks around the world have announced cuts in interest rates this week (more…)
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Banca Italease shares fell on Monday after the company's decision to pursue 'a stand-alone strategy' (more…)
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Lenders consider waiving the penalty on delayed loan repayment and lowering margin requirements to enhance credit limits for small units…
#bank#banks#exporters
Bulgarian business is showing increasing interest in the services of factoring companies. (more…)
#banks#crisis#liquidity
Industry body Assocham asked the government to bring down taxes such as corporate and service tax to boost the demand…
#banks#Boost#inflation
According to the latest report by the Bank of China export factoring plays a vital role in its offshore export…
#bank#Bank of China#banks
SMEs are set to be adversely affected by more stringent lending conditions arising from the prevailing global credit crisis (more…)
#banks#funding#JP Morgan
The UK's leading banks are committed to helping Britain's businesses to weather the economic downturn (more…)
#Access to Finance#banks#forum
In H1 2008, Eurokommerz maintained its leadership in the Russian factoring market, according to Expert Rating Agency's research published today…
#banks#leadership#Two