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Swank Inc. enters US$30 million credit agreement against receivables...

John Tulin, President of Swank, Inc. reported the net sales and operating results for the company's first quarter. Net sales for the quarter ended 31 March 2003 decreased 12.9% compared to the prior year. Despite the decrease in net sales,...

#bank#interest#interest rate

Canbank Factors registers a solid performance

The company registered good financial performance in the nine-month period ending December 2002. The funds deployed during this period grew…

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SMEs get subsidised loans

The Ministry of Economy and Transport (GKM) and the state-owned Hungarian Development Bank (MFB) have launched the HUF 150 bn…

#bank#banks#economy


New interest rate in case of late payment

In order to combat delays in payment in commercial transactions, the Belgian legislator has transposed the EU Directive of 29…

#bank#i#interest rate


SME manufacturers bullish on 2003 economy; their financing requirements...

The majority of SME manufacturers’ chief financial officers (CFOs) anticipate revenue growth for their companies according to a recent survey.…

#economy#interest rate#management


Businesses sceptical about Chancellor’s optimism on future growth

Businesses do not share the chancellor's optimism in a swift revival of growth next year, according to several confidence surveys…

#financial services#interest rate#international


Confusion Over Calculation of Interest Owed on Late Debts

Businesses may find themselves confused when it comes to calculating interest owed on the late payment of commercial debt following…

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US$250 million Shot in the Arm for Small and...

The Zimbabwean Ministry of Industry and International Trade last Monday released US$250 million for disbursement to small and medium scale…

#interest#interest rate#international


Thailand's Small Industry Finance Corporation Revamps Loan System

The Small Industry Finance Corporation (SIFC) is stepping up its efforts to lend 30bn baht this year, despite slipping below…

#credit risk#crisis#interest rate


Taiwan's Banks to Provide T$1.5bn in Lines of Credit...

Taiwan's Small and medium Business Credit Guarantee Fund (SMBCGF) reported yesterday that a number of banks are to start providing…

#bank#banks#guarantee


Businesses Voice Fears Over Interest Rate Rises

There are concerns that the recent interest rate rises in Australia will shatter levels of confidence, leading to a fall…

#economy#interest#interest rate


Interest Rate Rises

Interest rates in Australia have been raised for the fifth time in nine months. The new rate was set at…

#bank#inflation#interest

Industry Optimism Follows Failure to Raise Interest Rate

There were worries that recent strong rates of growth would lead to the Bank of England raising the rate of…

#bank#Bank of England#Clear

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