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Vneshtorgbank will lend small- and medium-sized businesses (SMEs) US$1bn this year, said bank head Andrey Kostin after a meeting with President Vladimir Putin last week. No Russian commercial bank currently has a small business lending programme of its own, though...
#bank#interest rates#small business
Since hitting its lowest point in November 2000, the euro has shot up by more than 50 per cent against…
#exports#interest rates#international
Leasing companies enjoyed a boom last year as the value of assets leased in 2003 exceeded Ђ2.1 billion, a 30%…
#exporters#interest#interest rates
Businesses are looking forward to a more prosperous 2004, according to a KPMG survey, with over 80% of executives in…
#interest#interest rates#smes
Bank of Israel governor David Klein announced a 0.4 percent cut in the interest rates on 30 December, as was…
#bank#interest#interest rate
Low inflation and spare resources in the economy mean that policy can continue to support growth "for a considerable period",…
#bank#economic recovery#inflation
Hong Kong's small- and medium-sized enterprises (SMEs) are calling on their bankers for more credit to fund their growing business…
#bank#funding#interest rates
George Leung, chief economist, Greater China at The Hongkong and Shanghai Banking Corporation Limited comments: In view of the faster…
#exports#GDP#interest rates
Next year will see a cut in the corporate income tax (CIT) from 27 per cent to 19 per cent,…
#bank#CIT#insolvency
EU Economic Affairs Commissioner Pedro Solbes has warned that the EU's failure to take action against French and German violations…
#GDP#interest rates#management
The US economy surged in the third quarter, growing even faster than originally thought, according to government data released on…
#conference#GDP#interest rates
Jamaica's small business community is looking more to the financial services offered by local credit unions rather than those of…
#financial services#interest rates#MAN
Complaints that big banks were reluctant to lend money to small businesses have proved largely unfounded, according to a new…
#bank#interest rates#small businesses