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Credit line to boost lending for Georgian SMEs

The Bank of Georgia has signed a US$4.5m credit guarantee agreement with KfW, the German development bank. According to the agreement, the Georgian bank will get access to the specially created Credit Guarantee Fund (CGF), which allows Bank of Georgia...

#bank#guarantee#international

HBL lends Rs50m to SME sector

President Habib Bank Ltd (HBL) Zakir Mahmood has said that the bank lent Rs50 bn so far to SME sector…


Small firms to get Sh4bn credit from World Bank

An estimated 22,000 small- and medium- sized enterprises (SMEs) in Kenya will benefit from Sh4bn credit from the World Bank.…

#bank#international#management


Banks bad loan ratio falls

Commercial banks have reduced bad loan ratios as they strengthened credit analyses and cut loans to borrowers with low credit…

#bank#banks#economy


Alliance & Leicester Commercial Bank opens new business centre

Alliance & Leicester Commercial Bank opened its new business centre yesterday, in Manchester. The Business Centre, based at 298 Deansgate,…

#bank#commercial finance#financial services


Netherford Factors announces increased factoring income in 2003-04

London-based Netherford Factors Ltd has announced an increase in factoring income of 6% for the year to 30 June 2004.…

#banks#digital#economy


Lakeland Bank establishes asset-based lending department

Roger Bosma, president and chief executive officer of Lakeland Bank is pleased to announce that the bank has established within…

#bank#commercial finance#management


Transunion credit bureau in start-up phase

US-based credit bureau Transunion's operations in Nicaragua are in the start up phase with final regulatory approval expected shortly, Transunion…

#banks


D.S. Factoring reports record revenues in 2004

D.S. Factoring, the receivables administration specialist, has announced increased revenues totalling CZK1.4 bn (Ђ47m) in 2004, a year-on-year increase of…


Canadian agency grants Pearl 2 project funds to Philippines...

The Canadian International Development Agency (CIDA) will grant P9.5 million (US$175,000) to the Philippines to promote small- and medium-sized enterprises…

#exporters#funding#international


Euler Hermes acquires full ownership of Belgian unit

French credit insurance group Euler Hermes (EH) has bought the remaining 30 per cent stake in its Belgian unit, Euler…


State Bank approves financing for export oriented projects

Qasim Nawaz, joint director of State Bank of Pakistan said the modalities of long term financing for export-oriented projects at…

#bank#exports#smes

ADB, USAID raise assistance for micro financing

The Asian Development Bank (ADB) and the United States Agency for International Development (USAID) have doubled their financial assistance and…

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