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Venture is the right candidate for the job

Before it even opened its doors, RFC Recruitment Solutions Ltd (RFC) faced its first financial hurdle. If in week one it placed fourteen people into jobs, by week two it would have fourteen salaries to pay. Reggie Campbell, managing director,...

#bank#funding#Jobs

New Faktor reports 2003 results

CIB Bank's newly-acquired factoring company, CIB Faktor, announced profits after-tax of HUF230,000 (Ђ915) in 2003 and year-end total assets of…

#bank#funding#smes


CBI’s new president focus on restoring corporate reputation

Following confirmation of his appointment by the CBI's annual general meeting held in London yesterday, John Sunderland, executive chairman of…

#i#management#Two


Two-thirds of small firms shut within 5 years

Approximately two-thirds of small- and medium-sized enterprises (SMEs) go out of business within five years, the Korea Credit Guarantee Fund…

#guarantee#investment#management


Miami factoring scam – four plead guilty

Four men pleaded guilty to defrauding a Portuguese bank branch of US$170m through a sophisticated conspiracy that lasted nearly a…

#bank#Bill#Paid


Financial services extended to Taiwanese investors in China

Cathay United Bank, the flagship firm of the Cathay Financial Holding Co, recently signed a cooperative agreement with mainland China's…

#bank#Bank of China#banks


FDI in Bulgaria down by 60 per cent

Foreign direct investments (FDI) in Bulgaria have gone down by nearly 60.5 per cent over the first two months of…

#bank#investments#Two


Central Bank reduces key interest rates by 50 basis...

Slovakia's central bank NBS bank board reduced key interest rates by 50 basis points. The two–week repo-tender rate now stands…

#bank#inflation#interest


Scotiabank unit launches US$16.7m SME fund

Scotiabank Jamaica has launched a J$1bn (US$16.7m) small- and medium-sized enterprise (SME) financing programme, focusing on export-related activities and job…

#bank#credit risk#risk


Senior finance executive – just the job for fraud

Wanted. Male, 36-45, finance experience, senior executive level. That, according to analysis by forensic accountants at KPMG, is not so…

#frauds#Goldman Sachs#Two


MNB cuts rate as government trims spending

Hungary's central bank (MNB) unexpectedly cut its benchmark interest rate a quarter-point, reducing borrowing costs for the second time in…

#bank#Boost#interest


BDPME results show increased profit and reduced cost of...

France's bank for SMEs, Banque du Developpement des Petites et Moyens Entreprises (BDPME), registered an 8.6 per cent rise in…

#bank#risk#smes

MNB cuts its benchmark interest rate

The National Bank of Hungary (MNB) unexpectedly cut its benchmark interest rate a quarter percentage point. The Monetary Council lowered…

#bank#GDP#inflation

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