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financial institutions

Two banks propose entering factoring, leasing sectors

The Peruvian banking regulator SBS is currently studying requests submitted by two local financial institutions interested in the factoring and leasing businesses, a representative from the SBS. Juan Jose Marthans, head of the SBS, recently announced the possible entry of...

#banks#financial institutions#leasing

Exim Bank offers big loan for irrigation projects

Exim Bank of the United States (Exim Bank) has offered Rs. 4,000-Rs. 5,000 crores as loan assistance to the State…

#bank#Exim Bank#financial institutions


Reserve Bank proposes prudential norms for FIs bad loans

The Reserve Bank of India (RBI) has proposed new norms for bad loans of financial institutions saying that their assets…

#bank#Exim Bank#financial institutions


Finansbank secures syndicated loan for business finance and to...

Finansbank Romania has obtained a Ђ15m syndicated loan arranged by Alpha Bank's London branch, The Bank of New York and…

#bank#business finance#exports


Fixed charges over book debts

On 26 May 2004, the Court of Appeal revived the confusion of recent years by overturning the first instance decision…

#bank#financial institutions#insolvency


PBSP strengthens program to provide loans to SMEs

With strict policies set by banks and other lending institutions before it would grant loans, a non-government organization has strengthened…

#banks#financial institutions#international


Basel II and Technology – Minimising Operational Risk

“One of the biggest challenges facing most European financial institutions is to ensure the implementation of fully Basel II compliant…

#financial institutions#financial services#international


SMEs owing mainly to banks

Small- and medium-sized enterprises (SMEs) have been found, on average, to owe debts to fewer than four financial institutions, the…

#bank#banks#financial institutions


EBRD to increase investments in banking sector to fund...

The European Bank for Reconstruction and Development (EBRD) plans to increase its investments in Kyrgyzstan's banking sector by buying into…

#bank#banks#financial institutions


Fortis president Maurice Lippens honoured

King Albert II of Belgium has conferred upon Count Maurice Lippens the honour of Grand Officer of the Order of…

#Executive Committee#financial institutions#financial services


Lebanon targets money laundering

Central bank governor Riad Salameh announced Lebanon has become a role model for other countries in the region, following the…

#anti-money laundering#bank#banks


The year 2003 was a good one for the...

The Special Investigation Commission (SIC), which was set up by the authorities to investigate money-laundering activity in Lebanon, received 272…

#bank#banks#Clear

Economist advocates cheaper loans to help SMEs

Hernando De Soto, a Peruvian economist, at the invitation of President Gen Peervez Musharraf, delivered a lecture on Monday on…

#financial institutions#guarantee#MAN

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