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interest rates

SME Development Bank announces first half results

The Small and Medium Enterprise Development Bank of Thailand (SMED Bank) announced that new lending in the first six months 2003 totalled 9.5 billion baht, with a further 5.2 billion baht generated by the bank’s factoring operations. SMED Bank president...

#bank#guarantee#guarantees

Eurofactor turnover down in first six months

Eurofactor, a strategic division of the Allianz group, suffered a steep fall in commissions received in the first six months…

#3M#Allianz#interest


UK depends on global economic upturn as British economy...

Discussing the results from the Q2 2003 Quarterly Economic Survey, the director general of the British Chambers of Commerce (BCC),…

#bank#Bank of England#Boost


French manufacturers' confidence unexpectedly drops

French manufacturers' confidence this month unexpectedly dropped to the lowest level since November 2001, increasing the chances that Europe's third-largest…

#bank#exporters#interest rates


China must nurture its entrepreneurs

By Stephen Green, head of the Asia programme at the Royal Institute of International Affairs in London The one thing…

#bank#interest rates#international


Bharat Overseas Bank pares rates on SSI credit

Bharat Overseas Bank Ltd has lowered interest rates on credit to agriculture and small-scale sectors (SSIs). "The revised interest rates…

#bank#interest#interest rates


SMEs are hit by the large bank credit crunch

Yamaya is one of countless small- and medium-sized enterprises (SMEs) in Japan feeling the effects of a widening credit crunch.…

#bank#exports#financial services


Innovative financing sought for small scale industries sector

The Credit Guarantee Fund Trust for Small Industries (CGTSI), set up by the Government of India and the Small Industries…

#bank#interest rates#management


Pound soars as BoE holds rates and European Central...

Businesses were hit by a double whammy yesterday as the Bank of England refused to cut interest rates and the…

#bank#Bank of England#exports


SME survey says economy to grow

A survey of small and medium enterprises (SMEs) in Australia showed business expectations were at four-year highs, despite some weakening…

#economy#interest#interest rates


Federation of Malaysian Manufacturers lobbies banks for alternative collateral...

The Federation of Malaysian Manufacturers (FMM) has proposed that banks should offer alternative forms of collateral for small- and medium-sized…

#bank#guarantees#interest rates


SMEs get fast-track loans that do not need collateral

New entrepreneurs can now qualify for loans of up to 500,000 baht within just seven days under a fast-track programme…

#bank#interest rates#small business

ECB holds rates steady despite euro strength

The European Central Bank (ECB) held interest rates steady at its monthly policy meeting on today (8 May 2003) despite…

#bank#Boost#inflation

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