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Gulf Bank expects to regain profitability in 2003 as...

Miami based Gulf Bank has been under a cease and desist order from the Federal Reserve and the Florida Department of Banking and Finance since November 2001. Gulf Bank made US$648,000 in 2001, but lost US$667,000 last year, according to...

#bank#interest rates#international

Ten thousand SMEs fail annually due to late payment...

Small firms are still being caught out because they offer longer credit periods to customers than they receive from their…

#interest#late payment#management


Factors and commercial finance drives CAHB group profit of...

Commerce Asset-Holding Bhd recorded a higher pre-tax profit of RM747.6m for the year ended Dec 31, 2002, compared with RM515.6m…

#bank#CIMB#commercial finance


HVB Bank to offer EU subsidised loans to SMEs

HVB Bank Hungary will offer subsidised loans to local small- and medium-sized enterprises (SMEs) under an agreement signed with the…

#bank#banks#risk


More Brunei businessmen facing bankruptcies ask government help

The spiralling number of local businessmen going bankrupt has caused the Brunei Malay Entrepreneurs to ask the government for a…

#bank#bankruptcy#banks


Two banks identify Bumiputera SMEs as target market

Many small- and medium-sized enterprises (SMEs) fail to secure loan applications for supporting their information and communications technology (ICT) initiatives…

#bank#financial services#small business


Banks home in on SME business

With advances to the corporate sector slowing down, and in some cases even turning negative, small- and medium-size enterprises (SMEs)…

#bank#banks#management


SMEs seek government help in boosting exports

Indonesian small- and medium-sized enterprises (SMEs) have called on the government to provide help in promoting their products overseas to…

#exporters#exports#smes


Enterprise Finance expands into Europe

Enterprise Finance Europe (EFE), the receivables finance and asset-based lender which launched in the UK just over 12 months ago,…

#asset-based lender#Flexible Funding#management


UK's largest independent invoice finance and asset-based lending specialist,...

GMAC Commercial Credit, the UK's largest independent invoice finance and asset-based lending specialist, is to re-brand after the merging in…

#bank#Commercial Credit#commercial finance


SMEs get subsidised loans

The Ministry of Economy and Transport (GKM) and the state-owned Hungarian Development Bank (MFB) have launched the HUF 150 bn…

#bank#banks#economy


Unravelling government funding opportunities for Scottish SMEs

This item has been written by Robert Hannah a corporate finance partner with Grant Thornton The way in which grants…

#awards#funding#Jobs

US SMEs to look at South East Asia export...

A trade mission led by the head of the US & Foreign Commercial Service (USFCS) will visit trading partners Thailand,…

#economy#exports#Produce

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