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ProCredit Bank Georgia (PCBG) is receiving a US$15m syndicated loan arranged by the European Bank for Reconstruction and Development (EBRD) to help meet the growing needs of local entrepreneurs in Georgia. (more…)
#bank#Commerzbank#financial institution
BOK top policymakers decided to cut lending to local SMEs by won1.5 tn (US$1.6bn) from the third quarter 2007. (more…)
Brazil's national development bank BNDES handed out reais57.7bn (US$30.4bn) in loans in the 12 months to end-May, up 26% on…
#bank#financial institutions#smes
ECGC has decided to reduce premiums by 10% from August. Although the rate of reduction would vary from country to…
#credit risk#exporters#guarantee
Kenneth Choi has been appointed regional manager, Asia specialised financial services for Fortis bank in Asia, based in Hong Kong.…
#bank#cash management#financial services
Factoring company Global Trade Finance (GTF) on Tuesday signed a Memorandum of Understanding (MoU) with SME Rating Agency of India…
SMEs across the country are missing out on business opportunities worth around 52 billion due to a lack of funding,…
Sue Jones has been appointed as a Director of Atlantic Risk Management Services Limited, the Work out and Audit specialist.…
Korea will form a won 1tn (US$1.1bn) fund to assist the country s small- and medium-sized businesses. (more…)
Kenya Commercial Bank has joined the Global Trade Finance Programme as an issuing Bank following the signing of a shillings1.6bn…
#bank#emerging markets#guarantees
Risk Factor Solutions Limited has linked up with Experian to enhance its offering to the commercial finance industry. (more…)
IFB - International Factor Belgium, now a full subsidiary of the KBC Group, have implemented iMX Factoring, the CODIX software solution. (more…)
Cattles Invoice Finance has reported a 3% rise in client numbers to 697 during the five-month period. The value of…