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Joint debt collection firm to be set up by...

Local financial services companies are set to establish a “joint debt collection firm” in the near future, in a bid to further reduce the number of credit defaulters (both individuals and companies), according to the Ministry of Finance and Economy...

#bank#debt collection#financial services

Bombay Stock Exchange launches IndoNext for SMEs

Finance minister P Chidambaram today launched BSE IndoNext, a joint project promoted by the Bombay Stock Exchange and the Federation…

#Jobs#liquidity#smes


ICIC to make credit insurance available to Israeli diamond...

The Israel Diamond Exchange (IDE) announced that it has finalized an unprecedented agreement with the Israeli Credit Insurance Company (ICIC),…

#bank#exporters#international


Barclays signs deal with Enterprise Uganda to boost SMEs

Barclays Bank has signed a partnership with Enterprise Uganda, to boost small- and medium-sized enterprises (SMEs). The deal was signed…

#bank#Jobs#smes


ECGC credit to be slashed by 50 per cent...

Export Credit Guarantee Corporation of India (ECGC) has decided to reduce the eligible credit limit by 50 per cent or…

#bank#exporters#guarantee


ALIDE to increase financing to Latin American SMEs

The Latin American Association of Development Finance Institutions (ALIDE) is planning to join forces with other organisations in order to…

#bank#banks#Jobs


Reform of financial regulation for small firms looking for...

The Government today announced the outcome of its review of the regulations facing small firms and their 'business angel' investors.…

#Access to Finance#financial services#funding


Small firms prefer foreign banks, report states

Three foreign-owned retail banks have taken the top slots as the country's best small-business lenders. Further extending a lead it…

#bank#banks#forum


Campaign launched to encourage young entrepreneurs in London

A campaign to help young entrepreneurs get their businesses off to a flying start has kicked off in London. The…

#small business#WHO


Chicago factor in agreed US$10.8 million settlement from fraud...

Capital Factors will receive a US$10.8m settlement from one defendant in a lawsuit in which it claims that customers defrauded…

#international#leasing#receivables


FDA holds first Scottish Staff Forum

The first FDA Staff Forum to be held in Scotland had as guest speaker Tom Farmer CBE KCSG - founder…

#forum#MAN#Trust


Saudi Credit Bureau database helps SMEs qualify for loans

The newly established Saudi Credit Bureau, the only one of its kind in the Middle East, has announced that its…

#bank#international#risk

Bank credit off take surges, deposit growth down

Commercial banks are facing a new dilemma. In a trend reversal, banks are facing a peculiar situation of falling deposit…

#bank#banks#interest rates

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