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Business failures rise by 16 per cent

German business bankruptcies rose 16 per cent last year in another token of the country's gloomy economy, government data showed. The 37,579 business failures reported by the government statistical agency were the most since German reunification in 1990 merged West...

#bankruptcy#banks#economy

HVB Bank to offer EU subsidised loans to SMEs

HVB Bank Hungary will offer subsidised loans to local small- and medium-sized enterprises (SMEs) under an agreement signed with the…

#bank#banks#risk


More Brunei businessmen facing bankruptcies ask government help

The spiralling number of local businessmen going bankrupt has caused the Brunei Malay Entrepreneurs to ask the government for a…

#bank#bankruptcy#banks


Credit Agricole and Credit Lyonnais get green light to...

France's main banking regulator approved a Ђ19.5bn (US$21.2 bn) merger between Credit Agricole and Credit Lyonnais on condition the banks…

#bank#banks#Credit Agricole


Banks home in on SME business

With advances to the corporate sector slowing down, and in some cases even turning negative, small- and medium-size enterprises (SMEs)…

#bank#banks#management


SMEs get subsidised loans

The Ministry of Economy and Transport (GKM) and the state-owned Hungarian Development Bank (MFB) have launched the HUF 150 bn…

#bank#banks#economy


EIB plans to expand long-term funding for SMEs

The European Investment Bank (EIB) plans to develop partnerships with domestic and foreign banks in Greece with a view to…

#bank#banks#funding


SSIs still starved of credit

Concerned with the inadequate availability of credit to the small-scale sector, Minister of Small Scale Industries, C P Thakur, said…

#bank#banks#Boost


Interest rates raised in effort to curb inflation

Brazil's central bank raised interest rates for the second time in a month to curb what new President Luiz Inбcio…

#bank#banks#emerging markets


SMEs seek a dedicated bank

The government should pave the way for opening of large fund-based private banks, specifically dedicated to small and medium enterprises…

#bank#banks#liquidity


Coface reduces exposure 15%

Coface, the French credit insurance specialist, has reduced its exposure to Brazil by 15% to US$1.08bn, daily Valor Economico reported.…

#AIG#banks#emerging markets


Business association calls for company debt moratorium

Venezuelan public and private sector banks will have to restructure the debts of small- and medium-sized enterprises (SMEs) that have…

#banks#interest#international

Government allocates P30bn for SMEs

Malacanang is planning to grant P1 million for each town in the Philippines as part of its P30 billion lending…

#banks#risk#SME lending

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