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interest rates

Usurers rise as factors are reluctant to provide financing

The effects of the global crisis in Turkey are boosting usury, a financing method to make excessive profit by providing money to those in need. (more…)

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Bankers see rise in credit take-up

Credit take-up is likely to increase in the coming months following the Reserve Bank of India's measures to ease liquidity (more…)

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Tight risk settings hurt small companies

The era of entrepreneurial banking and cashflow lending has abruptly closed, as risk settings have been tightened and discretion to…

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Bank of England cuts rates to historic low

The Bank of England has announced a cut in interest rates in an effort to stave off the threat of…

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Central banks slash interest rates

Central banks around the world have announced cuts in interest rates this week (more…)

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Postbank, EBRD to give EUR25.57m aid to SMEs

Bulgarian Postbank plans to allocate BGN50m (EUR25.57m) to SMEs as of December 1 (more…)

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Government not doing enough to support SMEs

More than 77 per cent of small businesses don t think the UK government is doing enough to help them…

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Factoring and discounting in New Zealand

One year can be a very long time in the New Zealand economy. This time last year we faced a…

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To SMEs with Love, When and How?

According to the Central Bank, Chilean banks have reduced the credits to SMEs by 74%, they are charging higher rates, requiring…

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Factoring and discounting in Australia

John Bills, Executive Officer Institute for Factors and Discounters of Australia and New Zealand, takes an in-depth look at the developments…

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Textron to exit asset-based lending business

Textron President and chief executive, Lewis B. Campbell has announced that the the company will downsize Textron Financial and noted it…

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SME refinancing trebles

Loans under the Bangladesh Bank's SME refinance scheme have increased more than threefold to about BDT100 crore (EUR9.9m) (more…)

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Eximbank offers credit support for importers, exporters

The Vietnam Import-Export Bank (Eximbank) has decided to pour an additional VND3tn (EUR126.18m) in providing credit support for importers and…

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