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Poor payment morale troubles state export guarantor

German state export credit guarantees, the so-called “Hermes coverage” with which the German government protects German exporters from payment defaults abroad, increasingly have to jump in to cover for economic damage. Business, not political problems seen as key reason for...

ADB sets aside US$85m for SME exporters

The Asian Development Bank (ADB) has set aside US$85m to finance export oriented small- and medium- sized enterprises (SMEs) in…

#ADB#bank#exporters


Potential Finance Group appoint managing director

Potential Finance Group PLC (PFG) has appointed Colin David Swanston as managing director of Potential Asset Finance Limited (PAF) to…

#business finance#commercial finance#funding


Law passed to allow non-bank factoring and loan operations

According to a statement from the banking regulator SBS, the Peruvian congress has approved a law that allows non-bank entities…


SME Bank launches remission package

SME Bank has launched its ‘loan remission Ramazan package’ to help borrowers to settle their loans and outstanding liabilities. Ihsanul…

#bank#SME bank#Two


Banks must help SMEs involved in higher- risk ventures

Deputy Finance Minister Datuk Dr Ng Yen Yen has urged banks to help small- and medium- scale enterprises (SMEs), including…


Bancoldex to offer new SME credit line, minister urges...

Colombia's export development bank Bancoldex will approve a new line of credit worth 1.5 trillion pesos (US$587m) for small- and…

#bank#banks#smes


The Fortis Commercial Finance gives out credit protection warnings

Fortis Commercial Finance, one of Europe's top 10 invoice finance companies, is calling on UK businesses to ensure they have…

#commercial finance#insolvency#invoice


Investment Development Agency seeks a legal advisor

The Slovak Agency for the Development of Investments and Trade (SARIO) announced a public contest to select a company to…

#investment#investments#trade


ADB lends US$200m for revival of SME sector

The Asian Development Bank (ADB) has approved a foreign loan of US$200m for restructuring, revival and development of small- and…

#ADB#bank#business finance


FDI rises by 50 per cent in a year

There has been a 50 per cent rise in the level of foreign direct investment (FDI) in Ireland this year.…

#investment#poland


ADB to inject investment in Chinese SME credit guarantee...

The Asian Development Bank (ADB), a financial institution dedicated in reducing the poverty and promoting the economic development in Asia,…

#ADB#bank#financial services

Exim Bank of India to expand its credit line...

The Export and Import Bank of India (EXIM Bank) is currently in talks with one of Malaysia's commercial bank to…

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