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Taiwan's Banks to Provide T$1.5bn in Lines of Credit...

Taiwan's Small and medium Business Credit Guarantee Fund (SMBCGF) reported yesterday that a number of banks are to start providing a combined T$1.5bn in lines of credit to small and medium-sized Taiwan-based enterprises on August 1 2001. Participating banks include...

#bank#banks#guarantee

Venture Finance PLC’s Profits Increase by 41%

Venture Finance PLC today released their annual accounts for the year ended 31 December 2000. Turnover has risen by 26.16%…

#ABN AMRO#bank#banks


KBK Capital Corporation to Report Loss in First Quarter...

The Fort Worth-based provider of financial services, including factoring, KBK Capital Corporation, announced on 6 April that they expect to…

#bankruptcy#banks#financial services


Greater Bay Bancorp Completes Acquisition of CAPCO Financial Company,...

Greater Bay Bancorp, a $5.1 billion in assets financial services holding company, announced that it has completed the acquisition of…

#acquisition#bank#banks


Continued Growth in Banks' Services for Small Business

Borrowing by small businesses rose by an underlying Ј1.0 billion (+3%) in the final quarter of last year. This was…

#bank#banks#small business


Germany’s DG Bank and GZ Bank to Merge

DG Bank, which owns the factoring company DG Diskonbank, is to merge with GZ Bank, it was agreed on Tuesday.…

#bank#banks#Rabobank


Southwest Financial Inc. Executive Pleads Guilty to Fraud.

An executive with a Little Rock, Arkansas factoring company, Southwest Financial Inc. pleaded guilty to conspiracy and eight counts of…

#bank#banks#Two


National Australia Bank Set to Expand in the UK...

National Australia Bank (NAB) has confirmed its intention to use some of the $2.75 billion earnings from the sale of…

#ABN AMRO#bank#banks


Natwest to Offer Small Businesses Overdrafts Not Repayable on...

Natwest has become the first major bank in the UK to offer small business customers an overdraft facility which is…

#bank#banks#NatWest


Malaysian Banks Continue to Record New Non-Performing Loans

In January-June 2000 the six largest listed Malaysian banks recorded new non-performing loans at an annualised rate of 11% on…

#banks#economy


EU Commissioner Calls for Faster Cross Border Bank Transfers

The EU’s single market commissioner, Frits Bolkestein, has today urged EU banks to speed up payments between banks and reduce…

#bank#banks#international


KBC and ABN Merger Goes Ahead

The proposed merger reported last month between Kereskedelmi es Hitelbank (a subsidiary of Belgium’s KBC Bank) and Magyar Bank (owned…

#ABN AMRO#bank#banks

KBK Capital Corporation Records Sharp Growth in Net Income

KBK Capital Corporation of Fort Worth, Texas (which provides commercial loans, mezzanine loans and factoring to middle-market businesses) has reported…

#banks#CIT#economy

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