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lending

Wachovia realigns Asset Based Lending Business and names new...

Wachovia announced the formal joining together of Congress Financial Corporation and Wachovia's asset based lending business to form Wachovia Capital Finance. Bill Davis, managing director and head of Congress Financial, has been named head of the group, which is based...

#Bill#i#leadership

Industrial Bank to increase lending to small firms

Industrial Bank of Korea, the nation's biggest lender to small companies, announced its plans to increase lending to these clients…

#bank#Boost#economy


Leadership change in the asset-based lending arm in Bank...

Bank of America announced a change in leadership in Bank of America Business Capital, the asset-based lending arm of its…

#bank#commercial finance#conference


New programme to bridge lending gap

Financial Markets International (FMI) launched a new programme to bridge the lending gap between banks and small- and medium-sized enterprises…


BRI targets 25% increase in lending to SMEs

Bank Rakyat Indonesia (BRI) is hoping to extend Rp 15 trillion (US$1.64bn) in new loans this year, a 25 per…

#bank#channel#crisis


BPI expects weaker year in Philippines; future aim to...

The year 2005 probably won’t be as good as last year for Philippine enterprises, especially with the rising interest rate…

#bank#interest rates#management


New lending product in France intended for midcap companies

The French CCF and the European Investment Bank, signed an agreement making available to CCF a credit line of EUR…

#bank#i#innovation


RBI should fix SSI lending target for banks house...

The Parliamentary Committee on banking feels that the Reserve Bank of India (RBI) should fix targets for individual banks for…


CIT to acquire Education Lending Group for US$19.05 per...

CIT Group Inc., a leading provider of commercial and consumer finance solutions, announced that it has signed a definitive agreement…

#bank#CIT#JPMorgan


Exim bank to boost lending and guarantees by 41%...

The Export-Import Bank of Korea, a state-run trade bank, said it will increase its lending by 41% to 24 trillion…


US-based CIT Group gets UK commercial bank licence, will...

US-based CIT Group has been granted a UK commercial banking licence that will allow it to make loans to businesses…


Banca Transilvania gets Ђ32.5m for lending to SMEs

The European Bank for Reconstruction and Development (EBRD) is increasing its exposure to Banca Transilvania by a further Ђ7.5m, as…

#bank#international#Raiffeisen

Uralsib gets US$40m EBRD credit for small- and medium-...

The European Bank for Reconstruction and Development (EBRD) has issued the bank Uralsib US$40m (Ђ31m) for its lending program for…

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