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IDB plans US$30m loan for local SMEs

The Islamic Development Bank (IDB) is to extend a US$30m loan to Indonesia's small and medium- sized enterprises through three national banks next year, a senior official with the international institution said. IDB representative for Indonesia Charmeida Tjokrosuwarno said a...

Tarrant Apparel Group finalises US$45m factoring facility

"Closing our new factoring agreement marks an important step for Tarrant," said Barry Aved, president and CEO of Tarrant Apparel…


US Ex-Im Bank backs GE sale of 200 locomotive...

The Export-Import Bank of the United States (Ex-Im Bank) today approved a US$121.7m long-term loan guarantee to support the export…

#ABN AMRO#bank#emerging markets


Ample funds to help boost SMEs

The amount of loans given to small and medium enterprises (SMEs) for the first six months of 2004 annualised has…

#bank#banks#funding


Franfinance follows Pekao Leasing and tidies up its group

Franfinance Polska has changed its name to SG Equipment Leasing (Polska). "The main reason is our strategy which aims to…

#leasing#Societe generale


GMAC sees huge opportunity

GMAC Commercial Finance Group has begun operations in the Polish market. The company is offering its customers a record keeping…

#commercial finance#financial services#risk


Three banks launched a credit register

Slovakia's big three banks will launch on October 1 a credit register aimed at reducing the number of unpaid loans…

#banks


IFC to lend US$35 m to private Ukrainian businesses

The International Finance Corporation (IFC) plans to open credit facilities worth more than US$35m for private companies in Ukraine in…

#banks#international#Vice president


SMEDAN seeks UNDP support for SMEs

Small and Medium Enterprises Development Agency (SMEDAN), has reached agreement with the United Nations Development Programme (UNDP), in Nigeria for…

#bank#smes


Credit insurance – the industry discusses how to tap...

So far, credit insurance has primarily been the domain of specialist brokers that have a good understanding of the products.…

#insurance


Abbey sets sights on the SMEs market

Abbey National plans a sustained attack on the market for banking services for small- and medium-sized enterprises after the completion…

#bank#management#small business


Bulgaria FDI soars to EUR 1.34 B

Foreign direct investments in Bulgaria for the first seven months soared to Ђ1.34bn, up from Ђ795.6m year-on-year, the Bulgarian National…

Kyrgyz Ineximbank receives syndicated credit to finance trade

Kyrgyzstan's Ineximbank signed a credit agreement for a syndicated credit of US$5m during the fifth conference of CIS and Baltic…

#bank#banks#conference

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