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European funding to redress SME funding gap in South...

The European Objective 2 Programme for the South West has made its biggest grant to date, contributing Ј9.6 million towards Finance Southwest Ltd, a new business loan and venture capital company. The total investment of Ј21.8 million should bring major...

Commerzbank to expand business with eastern European SMEs

German bank Commerzbank is planning to expand its business with small- and medium-sized enterprises (SMEs) in eastern Europe. The bank…


IFC provides US$10m credit line for SME financing

The International Finance Corporation (IFC) has issued a US$10m credit line to Brazilian bank Banco Triangulo (Tribanco) for small- and…

#bank#international#SME financing


Bank deal set to boost SME lending

Bank NISP, considered one of Indonesia's best-managed banks, will soon be owned by Singapore's third-largest bank, Oversea-Chinese Banking Corp (OCBC),…

#bank#international#management


IFG reports on Beijing conference – Developing Guanxi

The International Factors Group (IFG) annual conference 2004 was held in Beijing on 17 – 20 October, taking as its…


S Korean bank loans to smaller firms plunge in...

South Korean bank lending to small-and medium-sized enterprises (SMEs) fell by the largest amount in over three years in November…


Polish unit of Austrian bank Raiffeisen secures Ђ165m loan...

The Polish unit of Austrian bank Raiffeisen secured a Ђ165m syndicated loan to finance its growth in small-and medium-sized enterprise…

#3M#bank#i


Independent Growth Finance appoints new Finance Director

Independent Growth Finance (IGF), one of the country's fastest growing business finance providers, has strengthened its management team after appointing…

#business finance#financial services#IGF


ALIDE to increase financing to Latin American SMEs

The Latin American Association of Development Finance Institutions (ALIDE) is planning to join forces with other organisations in order to…

#bank#banks#Jobs


The future is bright for NACFB ‘Factor of the...

The Cattles Invoice Finance group recently announced a pre-tax profit of Ј2.81m for the year ended 31 December 2003 (see…


MFB introduces HUF 100bn in new low-cost loans to...

The state-owned Hungarian Development Bank (MFB) will make another HUF 100bn in low-cost loans available to small businesses and local…

#bank#investments#risk


Non-bank banks including factoring firms boost financing 9.1% in...

During the first half of the year, financing offered by Limited Purpose Financial Companies (Sofoles), or non-bank banks, increased by…

#bank#banks#insolvency

Exporters hit out at export refinance rate

Textile export of the country faces a problem of high export refinance rates at 5 per cent coupled with 13.1…

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