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Banks Suspend Trading Credit Services with Middle East Partners

The three largest commercial banks in Taiwan have temporarily suspended negotiations for letters of credit for Taiwanese companies doing business with nations in the Middle East region due to higher business risks Executives at First Commercial Bank, Chang Hwa Commercial...

#bank#Bank of China#banks

Meeting of Bankers and Industrialists Reveals Level of Pessimism...

European business leaders are scared. For all the brave words and fine talk that the worse may soon be over,…

#bank#banks#i


Industry Ministry Lobbies to Establish New SME Bank

The Industry Ministry wants laws establishing a new SME bank to explicitly protect lending officers from legal liability if assets…

#bank#banks#risks


Banks Reduce Offer of Credit

Brazilian banks are reducing the offer of credit to small and medium sized companies due to the growth of default…

#banks


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…

#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

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