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Through its Romanian representative office, American-based financial holding Magnus LLC has launched a US$50m loan programme for Romanian companies that conduct foreign trade operations. The minimum loan value will stand at US$100,000 and there will be no pre-imposed ceiling. The...
#guarantees#interest#interest rates
The Export-Import Bank of Korea said it has signed a contract with a Swiss shipping company to lend US$188 million…
#bank#exporters#exports
Fortis has released its full year 2004 results today reporting net operating profit before realised capital gains increased by 25%…
#bank#commercial finance#insurance
Demand for credit insurance policies is growing. The Corporation for Export Credit Insurance (KUKE) insured $2.55bn worth of exports in…
#export credit insurance#exports#insurance
EquiFin, Inc. yesterday announced that it has sold its factoring company, Equinox Factors, to Coast Capital Partners. The transaction will…
#interest#management#Two
Cyprus’s central bank cut interest rates by a quarter percentage point on Friday in an unexpected move that dealers saw…
#bank#GDP#interest
Romanian central bank decreased its key interest rate by 72 basis points to 15.75 per cent p.a. Central bank reacted…
#bank#inflation#interest
Erkan Gurkan, Chairman of the Small and Medium Industry Development Organization (KOSGEB), and Alexander Runov, president of the Russian Agency…
#Bridge#interest#Produce
The Monetary Council of the National Bank of Hungary (MNB) cut its benchmark interest rate from 9.5% to 9%. The…
#bank#interest#interest rate
Czech National Bank (CNB) has surprisingly cut interest rates by 0.25 percentage points. Main repo rate is dropped to 2.25…
Acting governor of the Bank of Israel Meir Sokoler cut the interest rate by 0.2 percentage points yesterday, leaving the…
Company failures have fallen for the second year running, with 16,372 companies failing during 2004. This was the lowest number…
#banks#insolvencies#insurance
The European Bank for Reconstruction and Development (EBRD) will acquire preferred stock from an additional issue by International Moscow Bank…
#bank#interest#international