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New programme to bridge lending gap

Financial Markets International (FMI) launched a new programme to bridge the lending gap between banks and small- and medium-sized enterprises (SMEs). According to FMI president Robert Bond, this initiative will be empowering SMEs with tools and training with which to...

Surecomp opens Beijing office

Surecomp, a leading provider of trade finance, factoring and reconciliation solutions for the banking and financial market, announced the opening…

#AI#Hi#i


Empowered SMEs to benefit from new policies

Small- and medium-sized enterprises (SME's) with strong empowerment credentials are set to benefit by an estimated R280m a year in…


NBS lowers key interest rates

The Slovak central bank (NBS) board has cut its key interest rates. As a result, two-week repo tenders will, as…


Japan government to expand loan guarantee programme for SMEs

The Ministry of Economy, Trade and Industry plans to expand its loan guarantee programme for small- and medium-sized enterprise (SMEs)…

#guarantee#guarantees#smes


Ultimate Finance Group expects turnover to increase

Ultimate Finance Group expected to be in profit within the year as it unveiled a 79 per cent rise in…

#banks#invoice#working capital


SME Invoice Finance expands sales team for 2005

Guildford based SME Invoice Finance have significantly expanded their sales team with the appointment of Amanda DeCourcy, a former sales…


KBANK to focus on broadening SME base this year

Kasikornbank Plc plans to expand aggressively into the small- and medium-sized enterprises (SMEs) base by setting a target to lend…


Indonesia's bank Danamon to offer 52% more credit this...

PT Bank Danamon Indonesia will disburse Rp15 trillion (US$1.66m) in new credits this year or a 52 per cent increase…


Central bank cuts interest rate

Cyprus’s central bank cut interest rates by a quarter percentage point on Friday in an unexpected move that dealers saw…

#bank#GDP#interest


SIDBI planning to acquire stake in commercial banks

Small Industries Development Bank of India (SIDBI) today said it is in talks with 3-4 commercial banks for stake, so…

#bank#banks#liquidity


Aval gets next US$1.8m tranche under EBRD credit line

Kyiv-based Aval Bank has received the next US$1.8m tranche under the credit line of the European Bank for Reconstruction and…

#bank#guarantees#management

Coface 2004 – factoring business increasing 13%

Consolidated turnover rose 4.3% to 1,130.8 million euros (1.2% at constant consolidation scope and exchange rates) The loss ratio registered…

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