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Lithuania's leasing portfolio may grow by 30 per cent...

In the past four years, Lithuania's leasing market has expanded at a rate of about 50 - 60 per cent annually, the national Leasing Association said. In 2003, leasing sales soared by 34.3 per cent, while the leasing portfolio increased...

#banks#leasing#Nord/LB

Versailles chief faces fraud charge for villa loan

Peter Williams, the former chairman of paper and packaging group DS Smith, lent Ј600,000 to Carl Cushnie, chairman of collapsed…

#banks#trade#WHO


Factoring and leasing portfolio up 16.6 per cent in...

The factoring and leasing portfolio of the members of the Latvian Lessors’ association grew 16.6 per cent, to LVL332 million…

#banks#leasing#Nordea


AllBank in pact to sell ECGC products

The Export Credit Guarantee Corporation (ECGC), which offers credit insurance protection to exporters has entered into a bancassurance agreement with…

#bank#banks#exporters


Versailles receivers search for Ј10m

Receivers appointed to trace an estimated Ј11m allegedly stolen by the former finance director of collapsed lender Versailles have recovered…

#bank#banks#WHO


Small Debt Resolution Scheme to help SMEs

Bank Negara Malaysia will start promoting its Small Debt Resolution Scheme (SDRS) to small- and medium-scale enterprises (SMEs) by the…

#bank#banks#conference


Banks' long-term credit rating improving

Things are looking up in Turkey. The Fitch Agency, which issues international credit ratings, has upgraded both Turkey's credit rating…

#bank#banks#international


Foreign banks licenced for yuan transactions, one to start...

Chinese financial authorities granted licences to four foreign banks on Friday, allowing them to carry out transactions in yuan directly…

#bank#banks


SME business loan demand rise, a sign of growing...

A survey by the US Federal Reserve (The Fed) reveals that a net 22% of US banks saw increased loan…

#banks#receivables#small business


New system of guarantees will satisfy more applicants

The main goal of the Slovak Guarantee and Development Bank (SGDB), Inc. this year is more capital issued to effectively…

#bank#banks#guarantee


Cushnie firm 'received Versailles cash'

Carl Cushnie, founder of the collapsed FTSE 250 company Versailles, channelled more than Ј610,000 in payments from within the group…

#banks#crisis#i


Government to make digital signature a reality for exporters

The Indian government will unveil a new initiative for exporters on 28 January under which digital signatures will become a…

#banks#digital#exporters

US threatens to pull out of Basel II agreement

Proposals for global capital standards among national and international banks are again in turmoil after the head of the powerful…

#banks#credit risk#forum

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