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New chief financial officer appointed at Intrum Justitia

The new chief financial officer (CFO) at Intrum Justitia has been named as Bo Askvik, who will also become a member of the Group Management Team. He succeeds Bertil Persson, who will remain CFO until Bo takes up the position...

#bank#i#international

Swiss governor EBRD welcomes action plan for Central Asia’s...

The Swiss president, Joseph Deiss, has welcomed a plan by the European Bank for Reconstruction and Development (EBRD) to boost…

#bank#IMF#international


Ministry allocates US$12 billion to SMEs

The Ministry of Small and Medium Enterprises Development (SMED) has mobilised $12 billion for on-lending to small- and medium-scale enterprises…

#bank#funding#management


International Factors (Singapore) appoints new chief

International Factors (Singapore) (IFS)- now controlled by Lim Hua Min's Phillip Securities - has a new chief. In a statement…

#international#WHO


Scotland’s new debt register costs revealed

Scotland's new Debt Arrangement Schemes will protect creditors from judgment enforcement except in special circumstances. The schemes will apply where…

#WHO


SBP to educate banks on SME lending based on...

The State Bank of Pakistan (SBP) will pursue and educate commercial banks to extend loans to small- and medium-sized enterprises…

#bank#cash-flow#SME lending


Clough's Ј19m eludes receivers in Versailles case

Receivers for Versailles have recovered only Ј550,000 of the Ј19m fortune siphoned from the collapsed trade finance house by disgraced…

#3M#banks#trade


Defendant acquitted in Versailles trial

The Serious Fraud Office (SFO) suffered a fresh blow to its credibility yesterday after Lorraine Jones, one of the two…

#bank#trade#Two


Small businesses feel pinch

The Czech government had turned its back on small- and medium-sized enterprises (SMEs). The sector not only faces increased foreign…

#security#small businesses#smes


Small business fury over tax break 'U-turn'

Gordon Brown closed a tax loophole for self-employed people two years after he created it, in a U-turn that infuriated…

#Deloitte#Paid#small business


Surge in small business happiness

According to the latest quarterly survey by Bank of Scotland's (BoS) corporate banking arm, net optimism - the balance of…

#bank#economy#small business


Financial Secretary expected to present friendly first budget, say...

Hong Kong Financial Secretary Henry Tang is expected to leave taxes and fees frozen when he presents a "market friendly"…

#bank#banks#Boost

Cattles help Blays on the path to growth

Manchester-based Blays Guides has formed a partnership with Cattles Invoice Finance to fund the growth of its new venture, a…

#financial services#invoice#management

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