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Central Bank reduces key interest rates by 50 basis...

Slovakia's central bank NBS bank board reduced key interest rates by 50 basis points. The two–week repo-tender rate now stands at 5 per cent, the one - day refinancing rate at 6.5 per cent and the one-day sterilization rate at...

#bank#inflation#interest

World Bank loan for SME development

The World Bank will extend a US$200 million loan to Small Industries Development Bank of India (Sidibi) by September to…


SMEs made up 90% of companies closed in 2003

Luis Antonio Mahbub Sarquis, president of the Chambers of Commerce Federation (Concanaco), said that 3,600 companies in Mexico were forced…


SMEs need not fear credit squeeze from Basle II...

Hong Kong's small- and medium-sized enterprises (SMEs) will not suffer the credit squeeze feared by some as a result of…

#bank#financial services#international


'Securitisation viable tool’ for small finance companies

Securitisation is a viable funding method for small finance companies because their advances generally match banks' requirements towards priority sector…

#banks#funding#investment


Mexico praised for lending to small businesses

Hector Barreto, administrator of the US Small Business Administration (SBA), praised Mexico's commitment to helping small enterprises on Tuesday. He…

#bank#guarantee#guarantees


Korea to become world’s 8th-largest exporter by 2010

Commerce-Industry-Energy Minister Lee Hee-beom has predicted that exports will more than double to $400 billion in 2010 from $193.8 billion…

#exporters#exports#international


Ex-Im Bank announces its first transaction in post-war Iraq

The Export-Import Bank of the United States (Ex-Im Bank) is pleased to announce that the first transaction has been approved…


EU support for SMEs compensates for reduced government aid

According to the Czech Ministry of Industry and Trade (MIT), almost two million people are employed in small- and medium-sized…

#bank#guarantees#SME financing


Factoring turnover reaches Bt120bn in 2003

The factoring industry is neither registered nor regulated in Thailand. Nevertheless, the industry has been flourishing for at least a…

#bank#exporters#interest rates


Scotiabank unit launches US$16.7m SME fund

Scotiabank Jamaica has launched a J$1bn (US$16.7m) small- and medium-sized enterprise (SME) financing programme, focusing on export-related activities and job…

#bank#credit risk#risk


Accord exceeds first quarter factoring volume company record

Accord Financial Corp., a leading North American provider of asset-based financial services to businesses, including factoring, financing, credit investigation and…

#Accord Financial#Accord Financial Corp#financial services

Survey supports European expansion – European entrepreneurship encouraged

Research published today from leading invoice and asset-based financier, Venture Finance PLC, reveals that 40 per cent of businesses believe…

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