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Commercial banks in Korea plan to lower interest rates on loans to SMEs as the delinquency rate in the industry has continued to rise. (more…)
In welcoming the European Central Bank's (ECB) decision to reduce interest rates by a further 0.25 per cent, the Irish…
Thailand's commercial banks believe the Bt100 billion under the Small Business Credit Guarantee Corporation (SBCG) scheme to finance the rehabilitation…
Banks will no longer have to pay VAT when selling non-performing loans to other entities, such as foreign subsidiaries, other…
Bank of England (BoE) governor, Mervyn King, has called for the government to set incentives for banks to boost lending…
#bank#Bank of England#credit risk
Greater potential for factoring as banks worldwide fail to meet government commitments to support SMEs, a new report by VRL…
#alternative funding#bank#emerging markets
The U.S. Department of the Treasury has announced that an additional 37 community banks across the country received a total…
Assifact: share of bad debts connected to factoring is less then half of that of commercial banks (more…)
#ASSIFACT#bad debts#bank
Bank loans to small businesses fell by 2.5 billion in June 2011 however, the banks have pointed out that they…
Efforts of the Turkish Central Bank and BRSA to limit credit growth are thwarted by aggressive lending through bank factoring…
#bank#banks#factoring industry
According to Dissolve s, a business specialising in low cost company liquidations, quarterly Business Stress Report, the number of corporate…
#bad debts#bank#banks
The Business Secretary Vince Cable has demanded that banks are more transparent in terms of providing finance to SMEs (more…)
Singaporean banks rejected SMEs loan applications because of poor financial documentation (more…)