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MNB cuts rate as government trims spending

Hungary's central bank (MNB) unexpectedly cut its benchmark interest rate a quarter-point, reducing borrowing costs for the second time in two weeks as government spending cuts boost investor confidence. The Monetary Council lowered the two-week deposit rate to 12 per...

#bank#Boost#interest

Financial Services’ optimism improves at fastest rate for five...

Financial services companies' optimism increased between December and March by more than at any time for five years, as business…

#banks#Boost#cloud


Slovenia sign deal to boost trade cooperation

Following the Joint Economic Commission (KEK) meeting in Ankara, Deputy Prime Minister Abdullatif Sener and Slovenian Economy Minister Tea Tapetrin…

#Boost#economy#investments


CEDB signs EUR 20 million agreement for SMEs financing

The Council of Europe Development Bank (CEDB) and Raiffeisenbank - Bulgaria signed Ђ20 million framework agreement for financing small- and…

#bank#Boost#interest rates


Financial Secretary expected to present friendly first budget, say...

Hong Kong Financial Secretary Henry Tang is expected to leave taxes and fees frozen when he presents a "market friendly"…

#bank#banks#Boost


EU unveils start-up commitments

The European Commission (EC) has published its blueprint for the future of enterprise in Europe. The Enterprise Action Plan describes…

#Access to Finance#Boost#European Commission


MFB makes first venture capital deal and boosts overseas...

The Hungarian Development Bank Rt (MFB) has made its first investment as part of its new venture capital activity. MFB…

#bank#Boost#i


SMEs struggle to source new export markets

Small- and medium-sized enterprises (SMEs) account for 60 per cent of Vietnam's exports yet continue to struggle to penetrate new…

#Boost#exports#international


Parliament approves corporate tax reduction

The Portuguese parliament has approved the government’s Budget Bill for 2004 that slashes corporate taxes amid growing economic instability. The…

#Boost#exports#GDP


Leasing activities boost leading bank’s nine-month bottom lines

Leasing is a growing activity and has helped leading banks compensate for continuously shrivelling lending margins, according to recently released…

#bank#banks#Boost


SMEs starved of finance

After a report quoted the loan rejection rate for China’s small- to medium-sized enterprises (SMEs) as 56 per cent, Ou…

#bank#Boost#funding


Reserve Bank of India ‘plays safe’ and leaves interest...

India's central bank, the Reserve Bank of India (RBI), has left interest rates unchanged at 6%, but raised its forecast…

#bank#banks#Boost

Economy is bouncing back with expected 4% growth in...

Taiwan's economy is bouncing back, HSBC's Economics and Investment Strategy Unit said in its latest report. According to economist Geoffrey…

#Boost#exports#GDP

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