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banks

Banks lending more to small- and medium- enterprises

Philippine banks have lent more funds to small- and medium- enterprises than the minimum 8 per cent the law requires, according to the Bangko Sentral ng Pilipinas (BSP). BSP deputy governor for bank supervision and examination Alberto Reyes said that...

#bank#banks#compliance

Ample funds to help boost SMEs

The amount of loans given to small and medium enterprises (SMEs) for the first six months of 2004 annualised has…

#bank#banks#funding


Three banks launched a credit register

Slovakia's big three banks will launch on October 1 a credit register aimed at reducing the number of unpaid loans…

#banks


IFC to lend US$35 m to private Ukrainian businesses

The International Finance Corporation (IFC) plans to open credit facilities worth more than US$35m for private companies in Ukraine in…

#banks#international#Vice president


Kyrgyz Ineximbank receives syndicated credit to finance trade

Kyrgyzstan's Ineximbank signed a credit agreement for a syndicated credit of US$5m during the fifth conference of CIS and Baltic…

#bank#banks#conference


Singapore small- and medium-sized enterprises credit bureau to be...

Small- and medium-sized companies (SMEs) in Singapore may soon have easier access to financing. A new SME credit bureau will…

#banks#channel#risk


Banks lend US$3.9bn to SMEs, Jan-Jul

The banking sector channelled credits totalling Rp35.9 trillion (US$3.9bn) to small- and medium-enterprises (SMEs) in the January-July period this year,…

#bank#banks#GDP


Banks expected to post record yearly net profit

South Korean banks will likely post a record high net income of more than 7trillion won (about US$6.1bn) this year…

#bad debts#bank#banks


Nafin back in black with US$10m profit in first...

Mexico's largest development bank Nacional Financiero (Nafin) reported first half net income of 113m pesos (US$9.9m), compared to losses of…

#bank#banks#business finance


Companies use increasingly efficient financial tools.

More and more Lithuanian firms use insurance of goods and currency fluctuation risks as a safeguard against possible losses while…

#bankruptcy#banks#insurance


Businesses bypass traditional loans

Just a few weeks ago, economics minister Wolfgang Clement said the main impediment to economic growth was the restrictive lending…

#bank#banks#bonds


New loans available for Japanese companies operating in Thailand

Under the agreement, Resona will screen the financial conditions of Japanese companies wanting to borrow money to finance their investments…

#bank#banks#guarantee

Fed raises interest rate

The US Federal Reserve boosted a key short-term interest rate by one-quarter percentage point last night, the third increase this…

#banks#economy#interest

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