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As expected, Sweden’s central bank has reduced interest rates by 0.25 percentage points to the lowest level since the end of WWII. The repo rate is now 2.5% with a prediction of the continued gradual recoveries of the world economy...
#bank#inflation#interest rates
China's trade with the Association of Southeast Asian Nations (ASEAN) hit a record high of US$78.25bn in 2003, surging by…
#economy#exports#international
The mini-Exim Policy today raised the equity base of the Export Credit Guarantee Corporation (ECGC) of India by Rs 300…
#bank#exporters#exports
The Export-Import Bank of Korea (EXIM Bank) will focus primarily on opening up new markets in developing countries and expanding…
#bank#guarantees#international
The Mexican subsidiary of international ratings agency Moody's has assigned the factoring and leasing subsidiaries of local financial group Banorte…
#bank#international#leasing
Britain's fraud boom accelerated last year as the number of big cases almost doubled, according to a report published yesterday.…
#frauds#i#international
Proposals for global capital standards among national and international banks are again in turmoil after the head of the powerful…
#banks#credit risk#forum
GMAC Commercial Finance (GMAC CF) has announced plans to launch new operations in Poland and Germany, following a record 12…
#commercial finance#funding#international
The Ukrainian government and the National Bank have endorsed a programme for 2004 on fighting the legalisation of income obtained…
#bank#guarantee#international
Fortis Commercial Finance is delighted to announce the arrival of Tim Corbett as its new managing director. Tim joins Fortis…
#bank#commercial finance#international
Since hitting its lowest point in November 2000, the euro has shot up by more than 50 per cent against…
#exports#interest rates#international
Chile's factoring industry posted total profits of around 11bn pesos (almost US$20m) in 2003 with income set to increase this…
#exports#factoring industry#international
Riding on the current business process outsourcing (BPO) boom, the government plans to set up an exclusive special economic zone…
#financial services#insurance#international