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In January-June 2000 the six largest listed Malaysian banks recorded new non-performing loans at an annualised rate of 11% on outstanding loans, with the same trend continuing into July. A more normal rate is considered to be in the area...
#banks#economy
The EU’s single market commissioner, Frits Bolkestein, has today urged EU banks to speed up payments between banks and reduce…
#bank#banks#international
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 of Fort Worth, Texas (which provides commercial loans, mezzanine loans and factoring to middle-market businesses) has reported…
#banks#CIT#economy
Spain: Banks' non-performing loans had reached a record low since 1993 by the end of 1999. Most experts agree, however,…
#banks#economy#interest rates
According to The Guardian, Versailles, the trade finance company which went into receivership in January 2000, owing its banks approximately…
#banks#trade#WHO
The Canadian Factoring Association was brought into being to lobby the government and the Export Development Corporation (EDC). In the…
#banks#international#invoice
Two new players have recently joined the Romanian market, The Romanian Commercial Bank and Demir Bank of Romania in offering…
#bank#banks#Two
After the regional financial crisis of 1997 the Malaysian market is finally beginning to turn around. With a recorded growth…
#bank#banks#funding