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New venture capital fund eyes local SMEs

A new venture capital fund, called Novum Hungary Growth Fund, will start operation in the end of the first quarter of 2005, the BBJ learned. The fund will manage Ђ20m and fundraising is in progress, said Jozsef Kover, director of...

#bank#European Investment Fund#financial institution

Number of venture capital transactions in 2004 overtakes 2003...

There were 35 venture capital transactions in Hungary during the first 11 months of the year, up from 25 during…

#economy


Central bank approves share capital increase for National Factoring...

On October 27th the Central Bank of Russia approved the increase in the share capital of the National Factoring Company…

#bank#insurance#investment


Grupo Security to increase capital

Chilean financial group Grupo Security will make a capital increase of between US$50m-60m on 11 November this year, local press…

#insurance#security


Bridge Capital Holdings appoints new director

Bridge Capital Holdings, whose sole subsidiary is Bridge Bank, N.A., Silicon Valley's newest business bank, has announced that Silicon Valley…

#bank#cash management#management


Atradius increases share capital by Ђ86.5m

Atradius, one of the world’s leading credit insurers, has further improved its already strong capitalisation by issuing 6.6 million new…

#Atradius#bank#confirming


Grupo Security to raise US$55m in capital

Chilean financial group Grupo Security plans to make a capital increase of more than US$55m during the first half of…


Hotels urged to raise working capital ‘the new way’

Local hotel operators should consider using asset securitisation as a means of raising working capital to finance construction, according to…

#bank#bonds#guarantee


Venture capital in India – issues in regulation

“The venture capital industry in India has been undergoing a downward trend for the past two years. In the current…


Venture capital in spotlight

China's placid venture capital (VC) sector will return to the limelight this year driven by improved sentiments with the launch…


Timeframe for Basel capital accord

The Bank of Thailand will finalise the timeframe under which local commercial banks must comply with the new Basel capital…


Ernst & Young comments on the Enterprise Capital Funds

The UK government's Small Business Service (SBS) is not doing enough to help small businesses or the investors willing to…

#interest rates#regulation#risk

Boeing Capital proves its worth – FT comment

Compared with the glamour and engineering dexterity on display in a tour round one of Boeing's aircraft factories in Seattle,…

#banks#commercial finance#financial services

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