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financial services

Government drafts SMEs improvement policy

An official from the Small and Medium-sized Enterprise Department under the State Development and Reform Commission (SDRC) revealed the department is drafting a document to promote the development of private enterprise, mostly small- and medium-sized enterprises (SMEs). "The key goal...

#bank#exports#financial services

GE Commercial Finance agrees to acquire most of Transamerica's...

GE Commercial Finance, the business-to-business financial services unit of the General Electric Company, has announced it has agreed to acquire…

#commercial finance#commercial financing#financial services


IFC assists Commercial International Bank to develop finance facilities...

The International Finance Corporation (IFC) has signed an advisory services mandate to assist Egypt’s leading private financial institution, Commercial International…

#bank#financial institution#financial services


CIT Group names new president and reorganisation of senior...

CIT Group Inc (CIT) has announced that from 3 September 2003 Jeffrey M. Peek will become the company's president and…

#CIT#Credit Suisse#financial services


Niche banks to begin business in 2004

Four new banks are considering opening niche operations in Chile in 2004. This will increase the degree of banking services…

#banking services#banks#financial services


RBS Commercial Services strengthens team in the South West...

The Royal Bank of Scotland Commercial Services (RBSCS), the invoice finance arm of The Royal Bank of Scotland, has today…

#bank#commercial finance#financial services


United Capital – even the bad times are good

While some businesses struggle to stay afloat in the choppy economy, United Capital Funding is profiting from the storm. The…

#bad debts#bank#financial services


Crestmark Bank expands its invoice financing resources in Chicago...

Crestmark Bank has introduced Tim R. Bruckner as a new vice president (VP) and regional manager. Bruckner will be working…

#bank#financial services#invoice


Fraud hits a third of all companies and this...

In PwC's global survey of chief executives, released today, financial services companies reported more incidents of fraud than those from…

#banks#financial services#frauds


Bibby announce new appointments

Bibby Financial Services, the largest independent factoring organisation in the UK whose client turnover has grown from Ј200 million to…

#bank#business finance#commercial finance


Non-bank finance – Reform firmly on the agenda

The presence of three cabinet ministers at a recent World Bank seminar on non-bank financial institutions was intended to underline…

#bank#conference#financial services


Standard Chartered targets SMEs to form 10% client base

Standard Chartered Bank Malaysia Bhd aims to have local small- and medium-scale enterprises (SMEs) making up at least 10 per…

#bank#financial services#management

Hard-pressed English regions predict modest pick up in business...

Firms are predicting a modest pick-up in business in eight out of nine English regions after spending most of the…

#economy#exports#financial services

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