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BPU sells its stake in leasing and factoring divisions

Banche Popolari Unite Scrl (BPU) has agreed to sell its 50% stake in ABF Leasing SpA to Banca Popolare dell'Emilia Romagna Scrl for Ђ24.5m, according to a BPU statement. The transaction is expected to be finalised at the beginning of...

#interest#leasing

Latvian factoring and leasing market up 11.8 per cent...

According to the Latvian Lessors’ Association (LAA), the leasing and factoring market in Latvia has grown 11.8 per cent this…

#banks#interest#leasing


OTP draws 50 per cent of CEB loan to...

The Council of Europe Development Bank (CEB) is providing a Ђ100 m loan facility for Hungary's largest commercial bank OTP,…

#bank#interest#interest rates


Senegal and Kenya get Exim Bank loan

Export Import Bank of India would extend US$35m loan to Senegal and Kenya to support export of Indian goods and…

#bank#bank loan#Exim Bank


EXIM Thailand posts 39.32% on year fall in q3...

The Export-Import Bank of Thailand (EXIM) registered a net profit of 125m baht (US$3m) for the third quarter of 2004,…

#3M#bank#interest


Exim Bank records 1bn quarterly profit

Exim Bank (Tanzania) Ltd announced that it has recorded a net income after tax of TZS1.009bn (US$975,000) in the financial…

#bank#Exim Bank#interest


Wells Fargo reports Q3 double-digit net income growth

Wells Fargo & Company reported diluted earnings per common share of US$1.02 for third quarter 2004, compared with US$0.92 in…

#interest#leasing#small business


Long-term rates fall

Long-term interest rates have dropped sharply to the point where they are below short-term interest rates, causing investors to snap…

#bank#bonds#interest


EBRD allocates US$2m to support Tajik entrepreneurship

Under an agreement signed between the European Bank for Reconstruction and Development (EBRD) and the Tojiksodirotbank, the EBRD will help…

#bank#interest#interest rate


Fed raises interest rate

The US Federal Reserve boosted a key short-term interest rate by one-quarter percentage point last night, the third increase this…

#banks#economy#interest


Bulgaria's base interest rate falls

The base interest rate in Bulgaria has been reduced to 2.40 per cent – a decrease of 40 basis points,…

#bank#interest#interest rate


Factoring Slovenskej Sporitelne first half results

Factoring Slovenskej Sporitelne (Factoring SLSP) reported a turnover of Skk5,188 bn (Ђ129.8m) in H1 of 2004. Its share of total…

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Latvian factoring market expected to grow strongly

The leasing and factoring portfolio of members of the Latvian Lessors association reached LVL 356.6 million in the first half…

#interest#leasing#Nordea

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