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interest rates

WesBank cuts interest rates for SME job creators

WesBank, the vehicle and movable equipment financier, yesterday launched "job creation finance", an interest rebate based finance scheme aimed at stimulating job creation. Ronnie Watson, the chief executive, said a 0.25 per cent rebate on interest charges on any movable...

#interest rates#Jobs#smes

Central Bank decreases interest rates again; positive trend in...

The positive atmosphere in the economy continued with another fall in interest rates. With a 3-point drop on Thursday (18…

#bank#economic outlook#IMF


SME Bank and Nova Scotia Bank link to boost...

The Small and Medium Enterprises Development Bank of Thailand (SME Bank) has formed an alliance with Toronto-based Nova Scotia Bank…

#bank#exporters#guarantees


Economic growth overtakes that of US

Japan has been growing faster than the US for the first time since 1991, according to revised second-quarter gross domestic…

#bank#exports#ING


South African Reserve Bank cuts key repo rate by...

The South African Reserve Bank's Monetary Policy Committee (MPC) on Wednesday (10 September) announced a 100 basis-point (bps) cut in…

#bank#interest rates#international


UK economy 'stuck in first gear'

The UK economy is still growing at a slower rate than the government has predicted, according to an economic think…

#exports#interest rates#UK economy


The world’s foreign direct investment slumps in 2002

According to a world investment report released by the United Nations Conference on Trade and Development (UNCTAD) the sluggish economic…

#conference#exporters#interest rates


Central Banks indicate further cuts in interest rates

The Chief of the Norwegian Central Bank, Svein Gjedrem, says inflation in Norway this year will probably be lower than…

#bank#banks#inflation


Institute of Directors agree with interest rates decision, concern...

The Institute of Directors (IoD) said it was not surprised by today's decision by the Bank of England's Monetary Policy…

#bank#Bank of England#economy


National bank criticised for cutting interest rates

Head of Norway's national bank, Svein Gjedrem, is criticised after another severe cut in interest rates on Wednesday, 13 August…

#bank#inflation#interest


Key interest rates cut by 1%

The Reserve Bank said on Thursday (14 August) it was cutting its key repo rate by 100 basis points to…

#bank#banks#inflation


Natexis Factorem reports drop in factoring turnover

As at 31 December 2002 net banking income (NBI) for Factorem, part of the Natexis Banques Populaires group, came to…

#3M#interest rates#receivables

SMEs see no way out of the trading gloom

Small- and medium-sized manufacturing companies (SMEs) see no end to the difficult trading conditions of the past six years. In…

#economy#interest rates#smes

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