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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
Small firms are still being caught out because they offer longer credit periods to customers than they receive from their…
#interest#late payment#management
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 Hungary will offer subsidised loans to local small- and medium-sized enterprises (SMEs) under an agreement signed with the…
#bank#banks#risk
The spiralling number of local businessmen going bankrupt has caused the Brunei Malay Entrepreneurs to ask the government for a…
#bank#bankruptcy#banks
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
With advances to the corporate sector slowing down, and in some cases even turning negative, small- and medium-size enterprises (SMEs)…
#bank#banks#management
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 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
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
The Ministry of Economy and Transport (GKM) and the state-owned Hungarian Development Bank (MFB) have launched the HUF 150 bn…
#bank#banks#economy
This item has been written by Robert Hannah a corporate finance partner with Grant Thornton The way in which grants…
#awards#funding#Jobs
A trade mission led by the head of the US & Foreign Commercial Service (USFCS) will visit trading partners Thailand,…
#economy#exports#Produce