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Equador microlenders feel pressure of interest rate reduction

Microlenders in Ecuador may be pushed to sell their portfolios to larger institutions due to tightening interest rate caps, website Business News Americas (BNA) has reported. Executive Director of Red Financiera Rural (RFR), Javier Vaca, told the Latin American news site...

#bank#banks#Clear

Commercial Finance Association release asset-based lending index for third...

The Commercial Finance Association (CFA) today released its Quarterly Asset-Based Lending Index for the third quarter of 2009, revealing a…

#Asset-Based Lending Index#bank#Clear


The resilience of the glass ceiling

Rengin Ekmekcioglu, Managing Director of Fortis Factoring, Turkey, talks to Factorscan about the challenges and disparities faced by women in…

#Clear#factoring industry#i


Potential Finance in Administration

Potential announce that they are now in administration. (more…)

#banks#Clear#guarantees


'Improve credit access' urges CBI

The credit crunch will get worse for British firms without government action to improve access to new finance, business group…

#Clear#funding#Jobs


Banca Italease to follow stand-alone strategy

Banca Italease shares fell on Monday after the company's decision to pursue 'a stand-alone strategy' (more…)

#bank#banks#Clear


PwC survey reveals tougher challenge to save ailing companies

The downturn has made it more difficult to rescue ailing businesses according to 75% of respondents of a survey by…

#Clear#financial institutions#smes


DFCU to support SMEs

DFCU Bank has launched a loan facility to support small-and-medium entrepreses (SMEs). (more…)

#Access to Finance#bank#Clear


Credit insurers fear for their profitability decline

Grupo Catalana Occidente SA, a Spanish insurer, said the profitability of its credit insurance business is threatened as an economic…

#Atradius#Clear#insurance


Lloyds TSB comments on MPC interest rate decision

Trevor Williams, chief economist, Lloyds TSB Corporate Markets said: The Bank of England's decision to hold rates this month was…

#bank#Bank of England#Clear


Noting Credit Crisis, Coface Downgrades Seven Industry Sectors

Coface is observing a net deterioration in company payment behavior, with payment defaults increasing 45% over the first four months…

#bank#Clear#crisis


Bad loan rate climbs among local lenders

The bad loan ratio of Korean banks rose in the first quarter as local lenders were less aggressive in clearing…

#banks#Clear#management

Business failures leap as credit crunch hits companies

The credit crunch finally appears to be having an impact on UK businesses, with corporate failures in the UK increasing…

#bad debts#Clear#financial services

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