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A quarter of small firms believe that the quality of service offered by their bank has deteriorated over the past year; despite this fact the vast majority (82 per cent) still use traditional bank funding to finance their business. This...
#alternative funding#bank#financial services
Yamaya is one of countless small- and medium-sized enterprises (SMEs) in Japan feeling the effects of a widening credit crunch.…
#bank#exports#financial services
In Tokyo, the US$17bn bail out of Resona bank is being hailed as a promising first step towards fixing Japan's…
#bank#financial services#smes
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
Laurentian Bank of Canada’s Commercial Financial Services segment reported a net income of $4.5 million (compared to $6.9 net income…
#bank#financial services#leasing
Return on Innovation (ROI) Advisors Ltd., portfolio manager for the ROI Fund, have announced its first investment; a $1.53 million…
#asset-based lender#cash-flow#financial services
Martin Warman has been appointed operations director at Banbury-based Bibby Factors International. As a senior member of the management team,…
#commercial finance#financial services#international
Leading business finance firm Bibby Factors has promoted Robin Goddard to the position of head of sales at their Bristol-based…
#bank#business finance#financial services
The Barbados-based Caribbean Financial Services Corporation (CFSC) has received funds of Ђ8 million from the European Investment Bank (EIB) to…
The Bank of Cyprus Group's activities include finance, factoring, investment banking, brokerage and venture capital. The Group is the leading…
#bank#Bank of Cyprus#financial services
German insurer Gerling-Konzern Allgemeine Versicherungs AG this week stepped up efforts to sell its unprofitable reinsurance unit, Gerling Re. Gerling…
#bank#Deutsche Bank#financial services
CIT Commercial Services, a unit of CIT Group Inc., has announced the opening of a representative office in Shanghai, China.…
#credit protection#exporters#financial services
Progresso, the Chilean financial services company, is waiting for the go-ahead from local authorities to open its bank in January…
#bank#banks#financial services