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Analysts debate the future of GMAC

Analysts quoted by The Wall Street Journal (WSJ) are suggesting that selling all or part of GMAC may not be a bad move for General Motors. The report comes a day after Fitch announced it was cutting the credit ratings...

#investment#Two

Factoring companies to enter Czech Leasing and Financial Association

Members of Czech Factoring Association that combines the biggest factoring companies offering factoring services decided to enter the Czech Leasing…

#interest#leasing#Two


Hong Kong ranks number two for competitiveness behind USA

According to the HK Commercial Daily, a report to be released by the Swiss IMD on global competitiveness in 2005…

#Two


GM looks to protect GMAC’s credit rating

General Motors is exploring ways to separate its own battered credit rating from that of General Motors Acceptance Corporation (GMAC),…

#funding#risk#Two


Nine new members joining FCI

During the April 2005 meeting of the FCI Executive Committee, nine new members were admitted, including two members from a…

#bank#Executive Committee#Two


BNR cut the intervention rate to 12.5%

The administration board of BNR (National Bank of Romania) has decided to reduce, by two percentage points, the intervention interest…

#bank#inflation#interest rate


Demand for factoring services rising in Czech Republic

The Czech factoring market has grown by some 20% a year over the past three years and the Association of…

#bank#GDP#Two


Corporate Strategies launches new service to work with invoice...

Corporate Strategies, the national turnaround specialist, has launched a new service dedicated to working with invoice finance providers to deliver…

#economy#factoring industry#invoice


Turnaround specialist launches service for invoice finance providers

Corporate Strategies, the national turnaround specialist, has launched a new service dedicated to working with invoice finance providers to deliver…

#economy#factoring industry#invoice


Disputable Kc40bn claim on CSOB sold to Slovak General...

The new owner of Kc40bn disputable claim on CSOB from the times of sale of former bank IPB is Slovak…

#bank#guarantees#investment


S Korean smaller manufacturers eye better business in second...

Business confidence for small- and medium-sized enterprises (SMEs) in South Korea hit a three-year high for the coming quarter, a…

#bank#economic recovery#economy


Caja Madrid targets SMEs

Leading Spanish savings bank Caja Madrid yesterday revealed details of an aggressive plan to increase its client base for small-…

#bank#smes#Two

Wachovia realigns Asset Based Lending Business and names new...

Wachovia announced the formal joining together of Congress Financial Corporation and Wachovia's asset based lending business to form Wachovia Capital…

#Bill#i#leadership

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