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ProCredit gives 54bn cedis to SMEs over 3 years

ProCredit Savings and Loans Company, a micro finance institution, has disbursed more than 54bn cedis (US$6m) in loans since (more…)

#financial services#international#smes

Banks warned to strengthen credit risk evaluations or risk...

Korean banks need to become more cautious in extending loans to small- and medium-sized enterprises (SMEs) as loans without proper…

#bank#exporters#exports


Allianz eyes larger role in Chinese market

The Guangzhou Branch of Allianz Insurance Co, the only non-life insurance unit in the Chinese mainland of the German financial…


UralSib aims to be Russia’s major commercial bank

Russia s Uralo-Sibirsky Bank (UralSib) plans to become one of Russia s largest commercial banks, president of UralSib Financial Corporation…


Survey – SMEs underestimate challenge of cash flow management

Small-business owners are often unprepared for the challenges presented by successful cash flow management, according to research conducted by invoice…

#invoice#invoice financier#late payment


Banco Patagonia to inject US$14.7m to finance growth, steps...

Shareholders at Argentine bank Banco Patagonia have approved a 42.3m peso (US$14.7m) capital increase to finance (more…)

#3M#bank#smes


Bancoex SME lending jumps in H1

Banco de Comercio Exterior (Bancoex), the Venezuelan government's foreign trade bank, issued some 89.4bn bolivares (US$35.2m) in loans during the…

#3M#bank#SME lending


Further base rate cut announced

The Hungarian National Bank s (MNB) Monetary Council has cut the base rate by (more…)


Atradius warns government – cut in export aid could...

Credit insurer Atradius has urged the Government not to make any more cuts to the aid and support offered to…

#Atradius#exporters#exports


GE Commercial Finance to double share of European market...

GE Commercial Finance, the US financial service provider, aims to double its current share of the European market by 2008,…

#bank#commercial finance#investment


Eurofaktor eyes ZL8m annual net profit

 Eurofaktor's vice president Miroslaw Nowicki is satisfied with the financial results in the second quarter (more…)

#smes#Vice president


GE Commercial Finance profit up 25% in Q2 2005

Revenues and segment profit from GE's Commercial Finance business stood at (more…)

#acquisition#CIT#commercial finance

Minister announces Entrepreneurship Development Fund for SMEs

Industries Minister Maulana Matiur Rahman Nizamai has announced that the the country's central bank will soon form an Entrepreneurship Development…

#ADB#Asian Development Bank#Bangladesh bank

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