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banks

Three-quarters of firms have no ratings, rely on bank...

Three out of four firms listed on the Korea Stock Exchange (KSE) had no credit ratings from domestic credit rating agencies at the end of last year and only one out of 20 Kosdaq companies had credit ratings. It is...

#bank#banks#insolvency

British and Austrian banks and insurers to open affiliates...

Seven banks and insurance companies have expressed interest in opening an affiliate company in Latvia. The companies comprise three from…

#bank#banks#insurance


New factor enters market

HVB Factoring Ltd., a daughter company of HVB Bank Slovakia, will launch its business activities in the Slovak Republic in…

#bank#banks#interest


GMAC Commercial Finance provides US$10m revolving credit facility to...

GMAC Commercial Finance’s (GMAC CF’s) Retail Finance Group announced the closing of a US$10 million fully-secured revolving credit facility to…

#banks#commercial finance#financial services


Call for equity funding for SMEs intensifies

Small-and medium-sized enterprises (SMEs) with less than RM25m in annual turnover could soon have the option of raising money from…

#bank#banks#funding


Lebanon targets money laundering

Central bank governor Riad Salameh announced Lebanon has become a role model for other countries in the region, following the…

#anti-money laundering#bank#banks


Boeing Capital proves its worth – FT comment

Compared with the glamour and engineering dexterity on display in a tour round one of Boeing's aircraft factories in Seattle,…

#banks#commercial finance#financial services


Singapore bank lacks factoring presence, despite BoA buy –...

The 22bn baht purchase of an 80 per cent stake in the Bank of Asia by United Overseas Bank (UOB),…

#acquisition#bank#banks


Australia’s small businesses feel the heat

Unfair practices by big business, an increasingly difficult regulatory environment, and an exodus of retiring small-business owners are some of…

#banks#innovation#small business


Medium-sized banks targeting medium-sized companies

Nordea Bank Polska, Raiffeisen Bank Polska, WestLB Bank Polska, and NordLB Polska, among others, all look poised to pursue more…

#bank#banks#Nordea


Financial services extended to Taiwanese investors in China

Cathay United Bank, the flagship firm of the Cathay Financial Holding Co, recently signed a cooperative agreement with mainland China's…

#bank#Bank of China#banks


NIKoil at forefront of banking consolidation

Consolidation among Russia's biggest banking institutions is starting to take place as bankers realise that organic expansion will not provide…

#acquisition#bank#banks

Union condemns Lloyds TSB closure of Bournemouth asset finance...

The finance union UNIFI described the announcement of 270 job losses within Asset Finance, the finance house arm of Lloyds…

#banks#insurance#Jobs

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