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A joint meeting between commercial bankers and top representatives of the private sector has suggested wide-ranging amendments to the draft of prudential regulations for small- and medium-size enterprises (SMEs) issued by the State Bank of Pakistan (SBP). Dr Mirza Ikhtiar...
Four new banks are considering opening niche operations in Chile in 2004. This will increase the degree of banking services…
#banking services#banks#financial services
The UK government’s Export Credit Guarantee Department (ECGD) is pleased to announce the renewal of pre-approved cover limits on Iranian…
Ashok Leyland Finance has raised Rs 1 billion by securitising some of its receivables from hire-purchase schemes and loans for…
The Department of Finance and the Bureau of Internal Revenue ended years of suspense and imposed value-added tax on banks…
#assignment#bank#receivables
Colombia's banking system issued loans totalling 451bn pesos (US$161m) to small- and medium-sized enterprises (SMEs) this year to May, up…
#bank#guarantee#guarantees
Banking business as defined by the Banking and Financial Institutions Act 1989 (Bafia) includes the business of receiving deposits, paying…
Small-scale units can now get a composite bank loan of up to Rs 50 lakh as against a maximum of…
The Federation of Malaysian Manufacturers (FMM) has proposed that banks should offer alternative forms of collateral for small- and medium-sized…
#bank#guarantees#interest rates
For the past year and a half, the hottest topic at conferences and seminars held by banks has been the…
John Verrill, the president of the Association of Business Recovery Professionals(R3), the body representing insolvency practitioners and company doctors, slammed…
#banks#insolvency#Paid
Leading Mexican banks Santander Serfin, Banco Bital and BBVA Bancomer have made only 30% of the 15,800 small business loans…
#BBVA#commercial lending#guarantees
With advances to the corporate sector slowing down, and in some cases even turning negative, small- and medium-size enterprises (SMEs)…
#bank#banks#management