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The board of directors of Fortis and M. Jean-Paul Votron have decided, by mutual agreement and in the interest of the group, to terminate the mandate of M. Jean-Paul Votron as Fortis CEO. (more…)
#interest#international#management
BLUE Financial Services, the newly launched credit service provider, has announced that it plans to develop an ABL and SME…
#financial services#insurance#interest
A $150,000 (about sh241m) micro-finance, which will serve northern Uganda, has been started. (more…)
#interest
The Bangko Sentral ng Pilipinas (the Philippine central bank) expects the commercial banking sector's stock of bad loans to end…
#bank#banks#crisis
Hill Station Plc., manufacturer of premium branded and private-label ice creams, said its sales in April and May were significantly…
#3M#interest#invoice
Research from asset based lender Venture Finance reveals an East West divide across the UK with Financial Directors in the…
#banks#funding#interest
German co-operative bank DZ Bank is likely to hire Mediobanca SpA to advise on financial aspects of a tie-up with…
#bank#DZ Bank#interest
The Khalifa Fund for SMEs is working on the establishment of a new venture capital fund. (more…)
#Boost#interest#interest rate
Australian SMEs are not expecting difficulty with loan repayments despite recent interest rate rises, according to a survey. (more…)
#interest#interest rate#smes
The Bank of Thailand will make available baht40 bn for soft loans to help SMEs that might be affected by…
#bank#banks#interest
GE Commercial Finance has entered into a definitive agreement to become the sole shareholder of East Asia GE Commercial Finance.…
#bank#commercial finance#interest
Santander increased lending in Brazil 16.6% to reais 43.7bn (US$24.6bn) at end-2007 compared to the same time in 2006. (more…)
#bank#commercial lending#interest
CIT and Dell Inc. recently announced that Dell will purchase CIT's 30% interest in their US based Dell Financial Services…
#CIT#financial services#funding