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Despite accounting for 78% of non-agri employment, small- and medium-size enterprises (SMEs) contribute only 35% of annual gross domestic product (GDP). Among the major reasons for the under performance of the SME sector are unsophisticated modes of financial intermediation that...
#insolvency#management#risk
A warning shot has been fired across the bows of Telstra for failing to co-operate with the industry watchdog over…
#debt collection#management
The UK has become the first country in Europe to launch an equity fund designed specifically to meet the investment…
#asset management#funding#investment
The Royal Bank of Scotland Commercial Services (RBS Commercial Services), the invoice finance arm of The Royal Bank of Scotland,…
#bank#international#invoice
Bibby Financial Services, the largest independent factoring organisation in the UK whose client turnover has grown from Ј200 million to…
#bank#business finance#commercial finance
The presence of three cabinet ministers at a recent World Bank seminar on non-bank financial institutions was intended to underline…
#bank#conference#financial services
International Factors Belgium (IFB), has announced pre tax profits of Ђ6.7 million for the twelve months to 31 December 2002…
#Clear#international#management
Standard Chartered Bank Malaysia Bhd aims to have local small- and medium-scale enterprises (SMEs) making up at least 10 per…
#bank#financial services#management
Since 1992, the number of companies turning to invoice finance has more than trebled. More and more companies are discovering…
#bank#invoice#management
Germany's Gerling Group announced that the Hessen Higher Administrative Court in Kassel has dismissed an appeal by BaFin, the German…
#credit risk#management#receivables
Firms are predicting a modest pick-up in business in eight out of nine English regions after spending most of the…
#economy#exports#financial services
Lloyds TSB Commercial Finance (LTSBCF) has announced the appointment of Martin Cooper as a statutory director on the LTSBCF Board.…
#commercial finance#i#management
Master Robert Turner is to be the new president of the Institute of Credit Management (ICM). Master Turner is senior…
#i#management#training