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Netherford Factors announces increased factoring income in 2003-04

London-based Netherford Factors Ltd has announced an increase in factoring income of 6% for the year to 30 June 2004. The company has reported a pre-tax profit of Ј5,191 for the twelve months to 30 June 2004 (Ј3,089: 2003), on...

#banks#digital#economy

Transunion credit bureau in start-up phase

US-based credit bureau Transunion's operations in Nicaragua are in the start up phase with final regulatory approval expected shortly, Transunion…

#banks


Indonesia banks to offer 60.4 trillion rupiah in new...

Bank Indonesia said the banking system is committed to providing this year new loans of 60.4 trillion rupiah to small-…

#bank#banks#crisis


Commercial banks increase share of small business lending –...

Lending by the most important institutional supplier of credit to small firms, commercial banks, increased in 2002-2003, according to a…

#bank#banks#small business


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…

#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

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