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Global

Small business support maintained through year

The British Bankers’ Association’s (BBA) monitoring of activities of the main banks involved in the SME market provides the following picture of lending to small businesses in the UK.* Main features at the end of December 2004 were: Term lending...

#banks#cash-flow#small business

Micro-credits more accessible for SME

A normative act that will facilitate access of small- and medium-sized enterprises (SMEs) to micro-credits has been adopted last week…


Magnus LLC to finance foreign trade

Through its Romanian representative office, American-based financial holding Magnus LLC has launched a US$50m loan programme for Romanian companies that…

#guarantees#interest#interest rates


Siam Commercial Bank to launch factoring services

Siam Commercial Bank yesterday announced that it would set up a new business unit to offer factoring services to small…


Atradius boosts its collections service

A global leader in credit insurance and credit management, Atradius NV, is boosting its collections service, with the appointment of…

#Atradius#debt collection#international


New loans for SMEs from TOBB

The Turkish Union of Chambers and Commodities Exchanges (TOBB) has announced it will lend YTL 100m (Ђ55m) to small- and…


China central bank will not set up policy banks...

The central bank will not set up new policy banks to lend to small- and medium-sized enterprises (SME) and commercial…


Latest country risk trend report from Coface

The world* country risk index has been stable at a generally low level. For industrialised countries, the gap has persisted…

#crisis#exports#interest rate


Ho Chi Minh City to set up credit insurance...

Vietnam's largest city plans to set up a credit insurance fund for its small- and medium-sized enterprises (SMEs) with a…


Bibby Financial Services leaders appointed to head industry associations...

The Bibby Financial Services Group has been awarded a double accolade by being appointed to head up leading industry associations…


Mitsui Sumitomo Insurance makes inroads into credit insurance market

Mitsui Sumitomo Insurance Bhd expects to underwrite between RM1 million and RM3 million worth of premiums for its credit insurance…

#bank#export credit insurance#insurance


Industry Environment 02/03

INTRODUCTION In 2002 the UK factoring industry continued to grow at an impressive rate despite an atmosphere of stuttering business…

Exim Bank extends US$5m credit line to African bank

The Export Import Bank of India (Exim Bank) has extended US$5m line of Credit (LOC) to Eastern and Southern African…

#bank#Boost#Exim Bank

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