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Europe

EBRD $15 million loan for Russia’s Transcapitalbank

The European Bank for Reconstruction and Development is providing a 10-year subordinated loan of $15 million to strengthen the balance sheet of Joint Stock Bank Transcapitalbank (more…)

EIB, KfW to grant Ђ200m loan to HBOR

The European Investment Bank and the German development bank KfW are likely to grant a EUR200m loan to the Croatian…


EBRD loan to Belarusian Bank for small businesses

The EBRD is providing an initial credit facility of US$5m to the Belarusian Bank for Small Business, Belarus's first dedicated…

#bank#international#microfinance


EBRD supports Romanian small businesses

In a response to the severe impact of the global economic slowdown, the EBRD is stepping up its support for SMEs…

#bank#funding#small businesses


Hungary to reallocate EUR973.5m to stabilize SME sector

This morning's cabinet meeting has approved plans to reallocate EUR973.5m  in order to help stabilize Hungary's SME sector (more…)

#conference#crisis#funding


Government 'must act now to save healthy businesses'

Healthy businesses will struggle to survive if the UK government does not take urgent action to deal with the credit…

#bank#Bank of England#trade


LIBOR gets enhanced governance and scrutiny procedures

In its new paper LIBOR's governing body set out how this key indicator of the cost of borrowing is calculated…

#bank#Bank of England#banks


GFKL announces growth in turnover and profit performance

GFKL has announced it's intention to focus on the core business segments of Receivables Management (more…)

#3M#banks#management


7,000 SMEs facing bankruptcy in 2009

Wave of bankruptcies in Denmark expected to gain momentum in 2009 (more…)

#Atradius#bank#bankruptcy


Banks fear credit insurance woes will spread

Barclays and Royal Bank of Scotland yesterday said that the woes of the trade credit insurance industry were starting to…


Romanian factors face uncertain future

The factoring market recorded a positive evolution this year, with y-o-y growth of 40%, however the negative influences of the…

#bank#management#recession


Exporters’ Report reveals plummeting UK export growth

Data from Euler Hermes has revealed that the falling value of sterling has not been enough to offset the lack of…

Barclays to increase lending commitment to small businesses

Barclays has announced a two-pronged plan to enhance its practical support to SMEs (more…)

#bank#business finance#financial services

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