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Potential Finance Limited, the independent Brentwood-based debt factoring company, has announced a pre-tax loss of Ј1.22 million for the year to 30 September 2003, compared to a profit of Ј173,409 for the twelve months to 30 September 2002. Turnover in...
#bad debts#factoring industry#management
As the country begins to turn its attention to whether or not it approves of the EU's Constitution, concern is…
#forum#small business#small businesses
Anxiety over credit problems in small- and medium-sized companies (SMEs) is increasing, as 67 per cent of loans to those…
#bank#banks#economy
State-owned Hungarian Development Bank (MFB) recorded a net income of HUF6.14 bn (US$27.4 m) in 2003, according to the company's…
#bank#funding#interest rate
The stabilisation of the economy and decreasing interest rates in 2000 and 2001 led to growth in the factoring industry,…
#bank#banks#factoring industry
The Bangladesh Bank has initiated a programme involving 1 billion taka (US$17.2 million) to promote small- and medium-sized enterprises (SMEs),…
#Bangladesh bank#bank#small businesses
Pakistan Industrial Credit and Investment Corporation (PICIC) has so far disbursed Rs 300 million among small entrepreneurs under small business…
#bank#business finance#capital requirements
Speaking at the Russian Economic Forum in London this week, Trade and Industry Secretary Patricia Hewitt warned that UK businesses…
#exports#forum#small business
These days small- and medium-sized businesses (SMEs) are undergoing a financial crisis worse than that of 1997. While large companies…
#bank#cash-flow#Paid
The Swiss president, Joseph Deiss, has welcomed a plan by the European Bank for Reconstruction and Development (EBRD) to boost…
#bank#IMF#international
Industry experts have observed that foreign venture capital (VC) worth US$1.5-2.0 bn (Rs 10,000 crore) from Sidbi's SSI Fund will…
#bank#Boost#forum
The Ministry of Small and Medium Enterprises Development (SMED) has mobilised $12 billion for on-lending to small- and medium-scale enterprises…
#bank#funding#management
Malaysian banks will adopt a two-phase approach in complying with the Basel II Capital Accord, says Bank Negara Malaysia’s governor.…
#bank#banks#risk