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Banks Begin Lending to SMEs Again

Mexico's private commercial banks have re-started lending to the country's small- and medium-sized enterprises (SMEs), local financial daily El Economista reported, quoting enterprise coordination council (CCE) chairman Hector Rangel. SME lending rose in April and has maintained this trend during...

#bank#banks#SME lending

Non-Bank Financial Institutions Crucial for Stabilising Economic Growth

Developing non-bank financial institutions is crucial for stable economic growth in the future, according to Prasarn Trairatvorakul, the secretary-general of…

#bank#banks#management


Buenos Aires Stock Exchange Petitions For Factoring Market

Executives of the Buenos Aires stock exchange and its chairman Julio Werthein have asked economy minister Roberto Lavagna to approve…

#banks#economy#receivables


Secretary for Commerce Floats SME Subsidy Idea

The Hong Kong Government could consider investing in small and medium enterprises (SMEs) to help boost overall industry performance, Secretary…

#banks#Boost#exporters


Business Confidence for UK Small Businesses’ Future is High

A new survey confirms that the UK is one of the best places in the world to do business, Department…

#banks#small business#small businesses


15% of SMEs now Use On-Line Banking

Nearly 440,000 (15%) of small businesses are now using on-line banking facilities according to figures released by the British Bankers’…

#banks#interest rates#small business


Fitch Rates Banco De Chile

Fitch Ratings, the international rating agency, has assigned 'A-' long-term foreign currency (Rating Outlook Stable), 'F2' short-term foreign currency and…

#bank#banking services#banks


Bank Indonesia Chief Convicted Following Scandal Involving Era Giat...

After 14 months of prolonged trials, the Governor of Bank Indonesia, Sjahril Sabirin, was finally sentenced to three years in…

#bank#banks#crisis


Caja Madrid Rumoured to Seek Stake in Banco de...

According to media speculation reported by Zephus, Spain’s Caja Madrid SA may be taking a minority stake of 10% in…

#bank#banks#BBVA


Economic Downturn Will Mean Tough Times for SMEs

The economic downturn will continue to put pressure on many smaller companies this year. Two conferences and a course run…

#banks#cash-flow#conference


Bank of Ireland To Set Up Finance Operations in...

Bank of Ireland is close to launching a debtor financing operation in the UK, Germany and the Netherlands and plans…

#bank#banks#smes


Privatisation of Banca Comerciala Romana to Proceed at Cautious...

It was announced earlier in the month that Romanian authorities had approved the privatisation strategy of Romania’s largest bank, Banca…

#bank#banks#BCR Publishing

CIT Group Accused of Running a Factors’ Monopoly

Donald Wiener, who runs the dress chain Dresses For Less, is suing CIT Group and other accomplices, accusing them of…

#3M#banks#CIT

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