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Factoring has not yet reached its full potential

Factoring companies are not new to the Czech market, having been active since the early '90s. However, experts say that use of this service has not yet reached its full potential. The joint annual turnover of factoring companies amounts to...

#banks#exports#GDP

Ultimate Finance Group expects turnover to increase

Ultimate Finance Group expected to be in profit within the year as it unveiled a 79 per cent rise in…

#banks#invoice#working capital


SIDBI planning to acquire stake in commercial banks

Small Industries Development Bank of India (SIDBI) today said it is in talks with 3-4 commercial banks for stake, so…

#bank#banks#liquidity


Improved credit register to provide more data about SMEs

The Czech National Bank (CNB) and the Czech Statistical Office (CSU) are teaming up to develop a new monitoring system…

#bank#banks#i


Leasing sector fully open soon

China is going to completely open its leasing industry to foreign investors in the near future, said the Ministry of…

#banks#management#regulation


Second foreign bank enters factoring market in Vietnam

The State Bank of Vietnam (SBV), Vietnam's central bank, has allowed the US Far East National Bank (FENB) to provide…

#bank#banks#Deutsche Bank


Davenham sale may fetch Ј50m

Manchester finance firm Davenham could be sold within weeks for more than Ј30m. Its private equity owners are hoping to…

#bank#banks#funding


Sidbi wants stake in a bank to serve SMEs

Small Industries Development Bank of India (Sidbi) has submitted a proposal to Finance Minster P Chidambaram for taking a strategic…

#bank#banks#SIDBI


New SME bank to include easier access to funding...

Financial assistance for small- and medium-sized enterprises to invest in information and communications technology (ICT) systems should be included as…

#bank#banks#financial institutions


Brunei SMEs call for improved access to financial facilities

Local small- and medium-sized enterprises (SMEs) have called for the setting up of a bank catering solely to their needs,…

#bank#banks#SAFE


Base interest rate drops

The base interest rate (BIR) valid as from February 1 to February 28, 2005, has been set at 1.89 per…

#Allianz#bank#banks


Banks can gain from helping to turn around SMEs

The Bumiputra Manufacturers and Services Industry Association of Malaysia (PPIPBM) said banks stand to gain more from helping small- and…

#banks#innovation#smes

Two banks propose entering factoring, leasing sectors

The Peruvian banking regulator SBS is currently studying requests submitted by two local financial institutions interested in the factoring and…

#banks#financial institutions#leasing

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