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financial institutions

United Finance net profit up 10%

United Finance Company SAOG (UFC), one of the fastest growing non-banking financial institutions in Oman and the Middle East, has reported a 10 per cent jump in net profit for the year ended 31 December 2003 to RO1.289 million (US$3.35m)...

#bank#financial institutions#leasing

SME Bank expects loans to jump 28.5%

The Small and Medium Enterprise Development Bank of Thailand (SME Bank) predicts its credit line will jump 28.5% to 36…

#bank#economy#financial institution


Supreme Court hears Sorabjee on Securitisation Act

Attorney General Soli J Sorabjee today defended the Securitisation Act in the Supreme Court. The Court was hearing petitions challenging…

#banks#financial institutions#interest


More than half of all loans go to SMEs...

According to a survey by China’s central bank value-added industrial output recorded by small- and medium-sized enterprises (SMEs) was 1,400…

#bank#financial institutions#investment


Government to address SMEs’ weak capital base

With insufficient capital investment in the financial market of Ghana’s economy, the government, through the Ministry of Finance and Economic…

#economy#financial institutions#funding


Credit access a problem for SMEs

Despite commitments by financing institutions to fully support small- and medium-sized enterprises (SMEs), most entrepreneurs are still finding it hard…

#financial institutions#smes#trade


Fortis Bank wins withdrawal of rogue website set up...

A few days ago Fortis Bank detected a fraudulent site called ‘Fortisexpressbank.com’ on which improper use was made of its…

#bank#financial institutions#financial services


Caribbean Financial Services Corporation to fund SMEs from Ђ8...

The Barbados-based Caribbean Financial Services Corporation (CFSC) has received funds of Ђ8 million from the European Investment Bank (EIB) to…

#bank#financial institutions#financial services


IFD notice to members counter terrorism laws – an...

Executive Summary Included in this Notice is a summary of the Commonwealth counter terrorism laws as they affect members together…

#banking services#compliance#financial institutions


Bankruptcies fall but danger ahead

Bankruptcies in Japan fell about 5 per cent in the last business year, according to independent research firm Teikoku Databank,…

#bankruptcy#banks#economic recovery


Chamber of Commerce seeks Securitisation Act review

The Chamber of Commerce (PHDCCI), in its pre-Budget memorandum, has urged the Government to review the Securitisation Act, provide longer…

#conference#financial institutions#investment


Thai economy expanded by a surprise 4.9% Q3.

Robust domestic demand and unexpected export growth have helped Thailand's economy to expand by 4.9 per cent in the first…

#banks#economy#exports

Transamerica sets up wholesale financing joint venture with Brunswick

Transamerica Distribution Finance, a global provider of inventory finance, accounts receivable finance, and asset-based lending services and Brunswick Corporation (NYSE:…

#accounts receivable finance#financial institutions#Inventory finance

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