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Africa – EU funds ‘SME Credit Scoring Tool Project’

The Kenya and Tanzania Institute of Bankers and the Africa Project Development Facility (APDF) have teamed up to carry out a four-month study on how to improve their access to finance with multi-million shillings funding from the European Union (EU)....

#ADB#African Development Bank#bank

Bibby signs up for anti fraud software

Liverpool-based factoring and invoice discounting company Bibby Financial Services has signed a deal with Chester's GB Group to use its…

#anti-money laundering#financial services#invoice


ECGD announce new credit insurance scheme for software exports

The Export Credit Guarantee Corporation of India (ECGC) is finalising a special credit insurance package for software exports from India,…


Moody's report – China banking reform deepens

China's banking sector, aided by the nation's entry to the World Trade Organisation (WTO), is poised to press on with…


Company profitability falls to record low but signs of...

UK corporate profitability has fallen for 18 consecutive quarters and is now barely one-third the level achieved in early 1999……


BFIA forecasts FDI to grow in 2004

The Bulgarian Foreign Investment Agency (BFIA) has forecast that foreign direct investments (FDI) volume will rise from US$1,600m to more…

#GDP#investment#investments


EIB lends EUR 30 million to finance SME projects

The European Investment Bank will lend Ђ30 million to Vereinsbank Riga to finance SME infrastructure projects. According to Thomas Schuetze,…


Alliance Bank expects rise in volume of SME loans

Alliance Bank Malaysia Bhd expects an 8% rise in loans to small- and medium-sized enterprises (SMEs) this year from the…

#bank#SME loans#smes


Russian central bank decision on refinance rate

The Russian Central Bank is reducing its refinance rate from 14 per cent to 13 per cent from 15 June.…


Joint loan of EUR 45m for SMEs agreed

The European Investment Bank (EIB) and Serbia-Montenegro signed an agreement at the National Bank of Serbia (NBS) for a Ђ45…

#bank#international#investment


DBP pioneering factoring programme get SBL exemption

Bangko Sentral ng Pilipinas (BSP) governor Rafael Buenaventura announced that the policy-making Monetary Board has approved a request from state-owned…


Polish banks eye SME market

The attention of Poland's banking sector has started to shift to small- and medium-sized firms (SMEs). Consisting of 1.8million active…

#bank#bank loan#bankruptcy

Atradius warns of looming construction sector risks

Cut-price tenders to win construction contracts could end up with companies incurring huge losses, according to latest risk analysis by…

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