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Ukraine's nascent factoring market is dominated by just two banks and lack of awareness of the profitability of the business is hampering the sector's growth, according to a banking expert. TAS-Kommerzbank (Kyiv) governor Borys Zenkyn said his bank accounted for...
#bank#banks#GDP
The State Bank of Pakistan (SBP), while clarifying its prudential regulations regarding small- and medium-sized enterprises (SMEs), has fixed a…
#bank#banks#international
Italian banking group Sanpaolo IMI is expanding its services to businesses with the recent introduction of a Ђ250m programme to…
#banks#smes
Small- and medium-sized enterprises (SMEs) have been found, on average, to owe debts to fewer than four financial institutions, the…
#bank#banks#financial institutions
Romania’s central bank (BNR) cut its key interest rate by 75 basis points yesterday, moving ahead with a gradual monetary…
#bank#banks#inflation
The European Bank for Reconstruction and Development (EBRD) plans to increase its investments in Kyrgyzstan's banking sector by buying into…
The Financial Supervisory Commission (FSC) has this week pressed financial institutions not to aggressively retrieve loans extended to small- and…
#banks#cash-flow#economic recovery
Xbridge, the commercial finance portal, has appointed an e-commerce manager to oversee relationships between mid-market clients, factors, asset finance providers…
#banks#channel#commercial finance
Taishin, the Taiwanese financial services group, has said it will seek potential opportunities with foreign banks to develop a factoring…
#banks#commercial finance#economy
The Czech National Bank (CNB) bank board took the markets by surprise, raising interest rates by 0.25 percentage points. The…
Canara Bank, the Indian finance house which provides overdraft finance, factoring, and mortgages, has posted a 31.3 per cent increase…
#bank#banks
An interview with BCR’s overseas correspondent for central Europe Franz Michel, is general manager of Allgemeine Kredit Coface Finanze (AKCF),…
#banks#insolvency#international
Members of institutions supporting small- and medium-sized enterprises (SMEs) development set the record straight to the apparent ongoing perception among…
#bank#banks#forum