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investment

Transcapitalbank to establish factoring business

Russian bank Transcapitalbank (TCB) has agreed to set up a joint venture with US lender International Finance Corporation (IFC) and Malta-based FIMBank Plc to offer factoring services in Russia. (more…)

#bank#funding#international

SME Bank expecting rise in loan approvals

SME Bank expects loan approavals to rise by 10 percent this year. (more…)

#bank#conference#investment


KBC scales back London office

KBC downsize structured trade finance office. (more…)

#bank#investment#KBC


Islamic banking looks to service SME market

RHB Islamic Bank targets the SME sector and expects to see good growth in the coming years. (more…)

#bank#banks#economy


Barclays ‘withstands impact’ of credit crunch

Barclays have written an open letter to reassure investors of its continuing good health, announcing that  the bank would report…

#bank#banks#investment


Beijing Establishes SME Venture Capital Fund

The Beijing Municipal Government have announced the creation of the SME Venture Capital Investment Guiding Fund (more…)

#innovation#investment#management


Service sector downturn deepening

Firms have reported steep falls in business volumes and profitability, as well as plans to scale back employment and investment.…

#economy#investment#recession


BoS to offer small business support package

Bank of Scotland is finalising negotiations with the European Investment Bank to secure funding to support its SME customers (more…)

#bank#funding#investment


Government announce Ј30m SME fund

Business secretary Peter Mandelson has announced a new 30m fund to invest in SMEs (more…)

#investment#smes


Serbia receives Ђ910m loan from the EIB for infrastructure...

Serbia secures €910m from the European Investment Bank. (more…)

#bank#investment#smes


Government to clamp down on store card debt factoring...

The Chancellor signalled last night that taxes might have to rise if the economic downturn is prolonged. (more…)

#bank#banks#i


EUR 30 million for SMEs

The European Investment Bank (EIB) has announced that it will increase financing for small and medium sized enterprises (SMEs) (more…)

#bank#crisis#investment

Insurer buys stake in factoring firm

Migdal Insurance has announced the acquisition of a stake in factoring firm Peninsula Financial Ltd. (more…)

#acquisition#insurance#investment

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