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German bankers may not like to admit it, but for the first time in post-war German history, the country's small-and medium-sized enterprises (SMEs), known collectively as the Mittelstand, face a credit crunch. According to a new survey by KfW, the...
#bank#bank loan#Deutsche Bank
After three quarters, Huta Ferrum steelworks is to present satisfactory results, says Jan Waszczak, the company's president. However, the company…
#bank#factoring contract#ING
Vneshtorgbank (VTB) has raised more than Ђ27 million under a 6.5-year credit agreement with AKA Ausfuhrkredit-Gesellschaft mbH for long-term import…
#bank#banks#Deutsche Bank
Romania’s central bank (BNR) cut its key interest rate by 75 basis points yesterday, moving ahead with a gradual monetary…
#bank#banks#inflation
The Bank of England raised the main interest rate by a quarter-point to 4.5 per cent today, in a move…
#bank#Bank of England#inflation
GE Corporate Financial Services announced today it has purchased NMB Heller Ltd UK from NMB Heller Holding N.V. The transaction…
#bank#commercial finance#ING
Japan has been growing faster than the US for the first time since 1991, according to revised second-quarter gross domestic…
#bank#exports#ING
The Dutch financial group ING has sold 659m Euros’ worth of shares in Fortis back to the Fortis Group itself.…
#funding#ING