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banks

Basle II wins backing in EU

The European Union moved towards a new regulatory regime for all banks operating in the 25 member states yesterday, when the European parliament (more…)

#bank#banks#capital requirements

KPMG settles Finance Credit claims

International accounting firm KPMG has agreed to pay creditors of defunct Finance Credit (more…)

#bankruptcy#banks#interest


SME focus helps KBANK

According to bank president Prasarn Trairatvorakul (more…)

#bank#banks#interest rates


Fed raises interest rates

The Federal Reserve's decision to keep raising interest rates in the face of a devastating hurricane means (more…)

#bank#banks#Clear


Finance Credit boss pleads guilty to fraud charges

Torgeir Stensrud, one of the founders of the scandal-ridden Finance Credit collection agency, claimed (more…)

#banks#MAN


SME Bank to help ‘riskier’ SME sector and supplement...

The newly-formed SME Bank, a government-owned bank devoted entirely to the development of small- and medium-sized enterprises (SMEs), will commence…

#bank#banks#funding


Sasfin records excellent results

Banking and financial services group Sasfin posted another excellent result, with headline earnings up by (more…)

#ABSA#banks#commercial finance


Taageer Finance announces IPO date

Taageer Finance, Oman's youngest leasing and finance company, is entering the capital market with an initial public offering (IPO) of…

#bank#banks#Paid


Arab agency extends US$45m line of credit to Lebanon

The Arab Trade Financing Programme (ATFP) announced yesterday that it has extended a US$45m line of credit to Lebanon's (more…)

#banks#exporters#trade


Bank Indonesia raises interest rate

Indonesia's central bank raised interest rates sharply and the president promised (more…)

#bank#banks#interest


Bancуldex SME lending on target

Colombia's state-owned export development bank Bancóldex set a goal to lend 974bn pesos to micro enterprises and SMEs this year…

#bank#banks#SME financing


World Bank and Barclays join forces to support SMEs

Barclays Bank Limited yesterday presented a cheque towards the promotion of small- and medium-sized enterprises (SMEs), under the (more…)

#bank#banks#management

Maybank focuses on SME market to increase online lending...

Malaysia s biggest lender, Malayan Banking Bhd (Maybank), aims to double the number..... (more…)

#bank#banks#financial services

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