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Small-business loans in Arizona hit record

An improved outlook on business, historically low interest rates and increased marketing helped push federally backed small-business loans to another record in Arizona. In fiscal 2004, which ended Sept. 30, the US Small Business Administration guaranteed 2,091 loans worth US$797.4m....

China Exim Bank to expand buyers' credit

The Export-Import Bank of China (China Exim Bank) has pledged to expand buyer's credit to improve export support for Chinese…

#bank#exports#financial services


Russian foreign trade bank establishes import credit line with...

Russia's major state-owned bank, Vneshtorgbank (VTB), has signed a cooperation agreement with the Agricultural Bank of China, the company said…


EFIC and Zurich Emerging Markets Solutions form a new...

Export Finance and Insurance Corporation (EFIC) has signed an alliance agreement with Zurich Emerging Markets Solutions (ZEMS), the political risk…

#emerging markets#exports#guarantees


Bank credit off take surges, deposit growth down

Commercial banks are facing a new dilemma. In a trend reversal, banks are facing a peculiar situation of falling deposit…

#bank#banks#interest rates


The view from Taft

The prolonged credit crunch period brought about by the 1997 Asian crisis has precipitated the need to develop a credit…

#bank#bank loan#crisis


The view from the Taft

The prolonged credit crunch period brought about by the 1997 Asian crisis has precipitated the need to develop a credit…


Small firms time bomb for financial market

Korea's small- and medium-sized enterprises (SMEs) are a time bomb, which could shake the financial market due to surging overdue…

#bank#financial services#management


Small firms offered loans boost

A boost for small businesses, offering bigger loans to fund expansion plans, was announced by chancellor Gordon Brown today. For…

#guarantee#guarantee scheme#interest rates


One in ten businesses pay customers late when they...

Research by the Better Payment Practice Group (BPPG) has found that nearly 11% of businesses would pay their customers late…


EIB provides Ђ60m to support Egyptian private sector

Under the Facility for Euro-Mediterranean Investment and Partnership (FEMIP), the European Investment Bank (EIB), the European Union’s financing institution, is…


CGC seeks to guarantee more loans

Credit Guarantee Corp Malaysia Bhd (CGC) is increasing its target for guarantee of loans next year to keep pace with…

KBANK joins credit insurance agency to boost SME lending

Kasikornbank (KBANK), in co-operation with the Small Industry Credit Guarantee Corporation (SICGC), plans to offer guarantees for small businesses under…

#bank#guarantees#small business

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