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SMEs to benefit from new loan guarantee agreement

Bank of Valletta (BOV) and Malta Enterprise today signed an agreement through which BOV will be able support small- and medium-sized enterprises (SMEs) through (more…)

ING Bank Slaski plans factoring, leasing products to generate...

The bank is looking forward to generating higher profit from providing leasing and factoring services to (more…)

#bank#ING#leasing


Bancoldex sets US$1bn SME lending target for 2006

Colombia's state-owned export development bank Bancoldex increased lending 9% to 2.2tn pesos in 2005. The bank aims to increase (more…)


IMEX® achieves SWIFTReady Gold status for 8th consecutive year

Surecomp, a leading provider of global trade solutions for the financial services community, today announced that its flagship trade finance…

#banks#financial services#global trade


Exim Bank of India extends US$44m loan to Senegal...

The Export and Import Bank of India has extended loans worth US$44m to the governments of Senegal and Niger to…


Wachovia backs off bid to run GM financing unit

Wachovia Corp. has dropped out of bidding for a 51 per cent stake in General Motors Corp.'s finance unit, according…


HSBC launches SME Internet banking

HSBC is launching a business banking service free of transaction charges for small- and medium-sized enterprise (SME) owners that only…

#bank#smes


EU services vote welcomed by business

Business organisations today welcomed the European Parliament vote to create a single market in services (more…)


Unionbank plans factoring and leasing schemes

The bank has serious intentions of developing leasing and factoring schemes in Bulgaria and plans to (more…)

#bank#banks#insurance


Laiki and Marfin cement ties

Laiki Bank Group and Marfin Financial Group are proceeding rapidly to strengthen their ties with a view to take advantage…

#bank#Bank of Cyprus#conference


Cerberus Group is leading bidder for GMAC stake

A consortium headed by Citigroup Inc's private-equity unit and Cerberus Capital Management is reportedly the favoured bidder for a majority…


Credicoop seeks to double SME loan portfolio

Argentine cooperative bank Credicoop expects to double loans granted to the small- and medium-sized enterprise (SME) segment this year to…

#bank#smes

Cattles Invoice Finance appoints new board member

Cattles Invoice Finance has strengthened its senior management team with the appointment of (more…)

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