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Minister announces SME loan subsidy programme

Greek Development Minister Dimitris Sioufas announced a government programmeto subsidise interest rates on loans to small- and medium-sized enterprises (SMEs) as part of a programme to offer support to (more…)

#interest#interest rates#investments

Key interest rate increased

Korea's central bank raised the nation's benchmark interest rate, the first in four months (more…)

#bank#interest#interest rate


Eximbank supports SMEs with two new programmes

The Eximbank of Romania is to launch two new products mainly dedicated to small- and medium-sized enterprises (SMEs), said bank…

#bank#interest#interest rate


Dresdner Factoring beats expectations in Q1 results

German financial services provider Dresdner Factoring has surpassed expectations with its results for the first quarter of 2006. Loan volumes…

#financial services#interest#management


Non-bank financial business profits increase in Q1

Hungary's non-bank financial businesses, such as leasing and factoring companies, had combined pre-tax profit of  (more…)

#bank#banks#interest


Automotive business failures reach highest point so far

The automotive industry has seen a very poor start to the year as the first quarter of 2006 reveals a…

#bank#Bank of England#insolvency


Urban Classics uses GE's Trade Flow Finance service

GE Capital Solutions, Commercial Distribution Finance (CDF) developed Trade Flow Finance in response to furniture industry demand for financial tools…

#interest#trade#Vice president


SME ratings yet to catch on, say bankers

CRISIL has tied up with seven banks and SMERA has tied up with 14, so far,  to extend ratings to…

#bank#banks#interest


Ratings agencies mixed on GMAC

Credit ratings agencies remained mixed in their assessments of GMAC after General Motors' announcement last week (more…)

#bonds#interest#liquidity


Factoring first as Bibby snaps up UK broker

The acquisition by Bibby Financial Services of domestic broker Factoring UK is a first of its kind for the industry,…

#acquisition#financial services#interest


When payment becomes a problem

The company, which turned over £380,000 last year to restaurants including Le Gavroche, the Dorchester and Claridges. Where the firm…

#cash-flow#interest#invoice


Heritage Commerce Corp reports record results in 2005

The sale of the Capital Group loan portfolio, consisting primarily of "factoring" type loans, will result in a first quarter 2006 gain…

#bank#interest#leadership

GMAC rating still in question

General Motors could show tangible progress by the end of March in its efforts to sell a stake in its…

#bank#interest#investment

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