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President urges bankers to accelerate lending to support economic...

Mexico's President Vicente Fox wants bankers to speed-up lending to support a nascent economic recovery, he told the Mexican Banking Association's (ABM) 67th annual convention in Acapulco. "Mexico needs banks to retake their role as motors of sustained economic growth....

#bank#banks#conference

The year 2003 was a good one for the...

The Special Investigation Commission (SIC), which was set up by the authorities to investigate money-laundering activity in Lebanon, received 272…

#bank#banks#Clear


Financial Secretary expected to present friendly first budget, say...

Hong Kong Financial Secretary Henry Tang is expected to leave taxes and fees frozen when he presents a "market friendly"…

#bank#banks#Boost


Banks should support small businessmen

Addressing the Confederation of Central Luzon Rural Banks at a forum in Makati City yesterday afternoon, presidential candidate Raul Roco…

#banks#forum#i


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…

#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

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