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UBA sets aside N1bn for SME loans

Malam Aliyu Dikko, managing director of the United Bank for Africa (UBA), announced that the bank has set aside N1bn (US$7.7m) for loans to small- and medium-sized enterprises (SMEs). He added that the bank has increased its branch network to...

#bank#SME loans#smes

US allocates US$ 40m to Ukraine to support small...

The US Overseas Private Investment Corporation allocated US$40m to Ukraine to support small- and medium-sized businesses (SMEs) and mortgage crediting…

#economy#investment#investments


Chilean factoring bank opens representative office in Mexico

Chilean private bank Bci opened a representative office in Mexico on Monday, the bank said in a statement. The new…


Over RM6.6b in financial aid available to SMIs

International Trade and Industry Minister Datuk Seri Rafidah Aziz said more than RM6.6 billion (US$1.7bn) worth of financial assistance is…

#international#International Trade#smes


Businesses bypass traditional loans

Just a few weeks ago, economics minister Wolfgang Clement said the main impediment to economic growth was the restrictive lending…

#bank#banks#bonds


Hammonds expands into Hong Kong

Hammonds has expanded the capabilities in Asia with the appointment of partner Anthony Chan to its Hong Kong office, where…

#compliance#i#investment


Fixed charges over book debts

On 26 May 2004, the Court of Appeal revived the confusion of recent years by overturning the first instance decision…

#bank#financial institutions#insolvency


New loans available for Japanese companies operating in Thailand

Under the agreement, Resona will screen the financial conditions of Japanese companies wanting to borrow money to finance their investments…

#bank#banks#guarantee


Business confidence improves for mid- sized companies-survey

The index on business conditions came to 2.8 at mid -sized companies capitalized at 100 m yen to less than…

#economic recovery


Bangko Sentral ng Pilipinas (BSP) urged to make discount...

The chamber of Thrift Banks (CTB) has appealed to the Bangko Sentral ng Pilipinas (BSP) to make its rediscounting facility…


FDI on rise in Lebanon

Foreign direct investment (FDI) in Lebanon rose to US$358m in 2003 compared to US$257m in 2002, a jump of 12.1…


Poland bucks trend for FDI inflows

According to the new UN Conference on Trade and Development (UNCTAD) report, "World Investment Report 2004: shift toward services," it…

Ultimate Finance halves loss on soaring turnover in 2004

Ultimate Finance Group PLC halved its pre-tax loss in the year to 30 June to Ј338,609 from Ј663,083 on a…

#commercial finance#i#invoice

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