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SME's continue to suffer slow payment pains

The so-called “British business disease” of slow payments seems to have become an epidemic in recent years, if the increasing amount of press coverage on the subject is anything to go by. Despite many corporate and Government initiatives to find...

Uralsib gets US$40m EBRD credit for SME lending

The European Bank for Reconstruction and Development (EBRD) has issued the bank Uralsib US$40m (Ђ31m) for its lending program for…


Zurich signs Alliance agreement with Australia's Export Finance and...

Zurich's unit providing insurance solutions for emerging markets risks has signed an alliance agreement with Australia's Export Finance and Insurance…


RBI should fix SSI lending target for banks house...

The Parliamentary Committee on banking feels that the Reserve Bank of India (RBI) should fix targets for individual banks for…


Indonesia allocating 138 bn rupiah to revitalize SMEs in...

The government is allocating 138 bln rupiah to revitalize small- and medium-sized enterprises (SMEs) in the tsunami-hit Aceh province, Kompas…

#ADB#Asian Development Bank#bank


CSOB Leasing expects contracts worth SKK 7.251bn for 2004

Leasing company CSOB Leasing estimates the number of contracts concluded this year at 8,700. Their total acquisition price should be…

#acquisition#leasing


Deutsche Bank to conduct more business with SMEs

Deutsche Bank, the largest bank in Germany, is planning to conduct more business with small- and medium-sized enterprises (SMEs). Over…


Banco Los Andes opens doors to micro and SMEs...

Former Bolivian mutual aid society Caja Los Andes officially began operations as a bank on 3 January, focusing its business…

#bank#financial services#small businesses


IBK to lend 20 trillion won to SMEs

The Industrial Bank of Korea will lend 20 trillion won (US$19bn) to small- and medium-sized enterprises (SMEs) this year, up…

#bank#Boost#funding


Small businesses reject chancellor

Despite prime minister Tony Blair's pledge to put small business at the top of the agenda at the last Labour…

#bank#cash-flow#conference


CIT to acquire Education Lending Group for US$19.05 per...

CIT Group Inc., a leading provider of commercial and consumer finance solutions, announced that it has signed a definitive agreement…

#bank#CIT#JPMorgan


Krung Thai Bank aims to lend 40 billion baht...

State-owned Krung Thai Bank PCL (KTB.TH) plans to increase loans to small- and medium-sized enterprises (SMEs), by 40 billion baht…

#bank#SME loans#smes

VEB, Roseximbank ink export-credit insurance deal with COFACE

Vnesheconombank (VEB) and Roseximbank singed a tripartite agreement with French export-credit insurer COFACE, VEB chief Vladimir Dmitriev told. "The agreement…

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