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IMF

BBVA unit aims for US$1.77bn in SME loans at...

Mexico's largest bank BBVA Bancomer is aiming for US$636m in new SME loans this year to expand its loan book to some US$1.77bn by year-end. (more…)

#bank#IMF#risk

5 countries account for 83% of unpaid Spanish exports...

Spanish export credit insurance company (CESCE) says that just five countries account for 83 per cent of unpaid debts for Spanish…

#bad debts#export credit insurance#exports


Asia – ABN Amro signs new asset securitisation team...

Dutch bank ABN Amro has made three appointments to its Asian asset securitisation team it says are aimed at boosting…

#ABN AMRO#bank#financial services


Bank of England raises rates – business groups urge...

The Bank of England raised its main interest rate today to 4.25 per cent, in line with market expectations. Independent…

#bank#Bank of England#IMF


Swiss governor EBRD welcomes action plan for Central Asia’s...

The Swiss president, Joseph Deiss, has welcomed a plan by the European Bank for Reconstruction and Development (EBRD) to boost…

#bank#IMF#international


Economic shock therapy pays off in new prosperity

Estonia is the economic wunderkind of the accession states. It’s a decade since the Baltic country decided to put itself…

#bank#IMF#Paid


Banca Comerciala Romana privatisation to be completed in 2006

The privatisation process of Romania’s largest commercial bank Banca Comerciala Romana will be completed by 2006 once the government has…

#bank#IMF#memorandum of understanding


Central Bank decreases interest rates again; positive trend in...

The positive atmosphere in the economy continued with another fall in interest rates. With a 3-point drop on Thursday (18…

#bank#economic outlook#IMF

Central Bank increases by 1% the rate of intervention...

Romania’s Central Bank (BNR) decided to increase by 1% - to 19.25 from 18.25 - BNR’s rate of the intervention…

#bank#banks#guarantee

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