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interest rates

Factoring has not yet reached its full potential

Factoring companies are not new to the Czech market, having been active since the early '90s. However, experts say that use of this service has not yet reached its full potential. The joint annual turnover of factoring companies amounts to...

#banks#exports#GDP

Siam City Bank targets small businesses

Siam City Bank introduced SCIB-S, a commercial loan product aimed at small businesses and entrepreneurs. Loans ranging from 300,000 to…

#bank#interest rates#small business


Central bank cuts interest rate

Cyprus’s central bank cut interest rates by a quarter percentage point on Friday in an unexpected move that dealers saw…

#bank#GDP#interest


Base interest rate drops

The base interest rate (BIR) valid as from February 1 to February 28, 2005, has been set at 1.89 per…

#Allianz#bank#banks


CNB cuts interest rate by 0.25 percentage points

Czech National Bank (CNB) has surprisingly cut interest rates by 0.25 percentage points. Main repo rate is dropped to 2.25…

#bank#inflation#interest


Spring launches loan scheme tied to risk profile

Spring Singapore has launched a financing scheme that allows participating institutions to tailor the interest rates on loans to a…

#awards#interest rates#smes


New government aims to promote SME development in UN...

The government promised on Thursday to put more focus on the development of small- and medium-sized enterprises (SMEs) in the…

#Asian Development Bank#bank#interest rates


Corporate insolvencies fall to lowest for six years

Company failures have fallen for the second year running, with 16,372 companies failing during 2004. This was the lowest number…

#banks#insolvencies#insurance


BPI expects weaker year in Philippines; future aim to...

The year 2005 probably won’t be as good as last year for Philippine enterprises, especially with the rising interest rate…

#bank#interest rates#management


UN declares 2005 international year of micro credit

Since the tsunami disaster, much has rightly been made of the millions of pounds being donated by individuals and companies…

#bank#financial services#interest rates


Non-bank banks including factoring firms boost financing 9.1% in...

During the first half of the year, financing offered by Limited Purpose Financial Companies (Sofoles), or non-bank banks, increased by…

#bank#banks#insolvency


Minister announces financial support for small businesses in 2005

“The programme of support for small business will be started in 2005,” Andrei Sharov of the Ministry of Economic Development…

#bank#bank loan#interest rates

Securitised deals head for record in Europe

Securitisations, the issuing of bonds backed by ring-fenced cash flows, are expected to set a new record in Europe this…

#bank#bonds#forum

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