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Central bank increases key rates

The top board of the Slovak Central Bank (NBS) increased the basic interest rate by (more…)

#bank#banks#inflation

Fleet One Factoring names president

Fleet One LLC has hired a new president of Fleet One Factoring, a provider of custom accounts receivable financing programmes.…

#banks#SunTrust#Vice president


Non-bank financial business profits increase in Q1

Hungary's non-bank financial businesses, such as leasing and factoring companies, had combined pre-tax profit of  (more…)

#bank#banks#interest


Banks lend US$27m during SME event

Mexican banks have granted pesos 294m (US$27.1m) in loans to small- and medium-sized enterprises (SMEs) during Semana Pyme 2006 (more…)

#banks#smes


Fed hikes interest rates; further increases possible

The Federal Reserve raised its key interest rate a quarter point to  the highest level in five years. The funds…

#bank#banks#inflation


Davenham boosts its assets

Davenham Asset Finance, an independent asset based lender to the UK small- to medium-sized enterprise (SME) sector, has boosted its…

#banks#Business Development Manager#i


Banks may get time to meet Basel II norms

Commercial banks may get to heave a sigh of relief with the Reserve Bank of India (RBI) planning to extend…

#bank#banks#risk


SME ratings yet to catch on, say bankers

CRISIL has tied up with seven banks and SMERA has tied up with 14, so far,  to extend ratings to…

#bank#banks#interest


Online Factoring Market turnover increases

Financial consultancy Adossag Borze's Online Factoring Market saw the listing of receivables with a nominal value of HUF10.9bn (more…)

#banks#management#online factoring


Government to use PHARE funds for SME loans

The Lithuanian Government has resolved to allocate the remaining LTL 29m from the PHARE assistance programmes (more…)

#banks#financial services#SME loans


Banco Internacional sees profits up 10% in 2006

Chilean bank Banco Internacional aims to boost 2006 profits 10% from 2.01bn pesos (US$3.87m) posted last year. Banco Internacional is…

#bank#Bank of America#banks


GM nearing deal on GMAC – WSJ

General Motors is reportedly nearing completion of a deal to sell a 51% stake of financing arm GMAC to a…

#acquisition#bank#banks

Bci allocates US$19m for SME refinancing

Chile's fourth largest bank Bci launched a 10bn-peso (US$19m) revolving facility to refinance debts of some 1,500 of its own…

#bank#banks#interest rates

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