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Siauliu Bank granted Ђ2 m credit line for SMEs

Siauliu Bank and the Nordic Investment Bank have signed an agreement that will grant Siauliu Bank  a credit line of €2 m. The finance will be used to fund small- and medium-sized businesses, specifically to assist manufacturing and service projects....

#bank#investment#smes

MFB launches new HUF 2bn ( Ђ8,115.41) loan...

The Hungarian Development Bank (MFB) has signed a contract with Budapesti Vallalkozasfejlesztesi Kozalapitvany (BVK) subsidiary Enterprise '94 to launch the…


BRE’s new strategy focuses on small- and medium-sized firms

BRE Bank has devised a new corporate banking strategy that will focus on small and medium-sized enterprises (SMEs), instead of…


Cenbank to impose more caps on bank fees

Venezuela's central bank has approved a new set of bank controls, local press has  reported. The central bank will limit fees…


GE acquires remaining 50% of Heller Bank from ING

The financial arm of US conglomerate General Electric (GE) has acquired ING Bank’s 50% stake of Heller Bank, giving it…


Fortis aims to increase acquisitions and become top five...

Belgo-Dutch bancassurance group, Fortis is today giving a presentation unveiling its “growth strategy” to analysts and investors in London, starting…


Exim bank and SBI may pick up stake in...

Exim Bank of India and State Bank of India (SBI) are looking to invest in the equity and debt of…

#bank#Exim Bank#guarantee


GE FactoFrance moves into new sectors

GE FactoFrance, the French factoring subsidiary of US group General Electric, has announced that it has launched business lines (more…)


GE reorganises names new vice chairman, Commercial Services

General Electric Company chairman and CEO Jeff Immelt announced a new organisation aimed at accelerating growth and profitability (more…)

#commercial finance#financial services#management


FDA members report 20% rise in client sales volumes...

Irish members of the Factors Discounters Association (FDA) have reported client sales volumes of (more…)


FDA members report sharp rise in syndicate deals volume...

The Factors Discounters Association (FDA) has released its members quarterly statistics, which show a marked increase in the volume of…


Fortis details growth plans – closer to the customer,...

Fortis will today present detailed plans for its businesses,its growth strategy for 2005-2009, which were outlined in an announcement in…

Bancуldex raises SME lending by 11% in Jan-May

Colombia's state-owned export development bank Banco de Comercio Exterior de Colombia (Bancóldex) boosted lending (more…)

#bank#SME lending#smes

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