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Importance of SMEs recognised by Industry Minister

Minister of Industry, Trade and Labour Ehud Olmert, speaking at the World Association of Small and Medium Enterprises (WASME) Conference, told the participants that he had stressed the great importance and contribution of small- and medium-sized businesses (SMEs) to economic...

HSBC faces uphill battle on local market

HSBC Bank Polska, the local subsidiary of the world's second-largest banking company, faces a number of tough hurdles in the…


Leasing companies set up credit history register

Seven Czech leasing companies are working on launching their own client register following in the footsteps of five Czech banks…


Tax reforms to reduce VAT in 2004, foreign investment...

Prime Minister Mikhail Kasyanov said that the government was "pressing on with tax reforms," recalling that from 2004 VAT would…


FDA Q2 statistics show record turnover as invoice finance...

The popularity of factoring and invoice discounting as a financing option has continued to grow as industry turnover hit record…

#exporters#international#invoice


Lloyds TSB provides invoice discounting and stock facility for...

Professionals from three of Bristol’s leading firms have helped secure a management buy-out (MBO) at leading wetsuit company, Gul International.…

#commercial finance#emerging markets#international


African Trade Insurance and World Bank agencies to boost...

Africa’s bid to stimulate private sector led growth and increase cross-border trade received a major boost with the signing of…

#bank#political risks#trade


Supreme Court hears Sorabjee on Securitisation Act

Attorney General Soli J Sorabjee today defended the Securitisation Act in the Supreme Court. The Court was hearing petitions challenging…

#banks#financial institutions#interest


IFC offers US$300m swap facility for SMEs

The Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas (BSP), has approved in principle the offer of…

#bank#international#risk


Agencies ignoring small-business impact

Many federal agencies still are not complying with an executive order issued a year ago by President Bush directing them…

#compliance#small business#small businesses


SME credit threshold rise diminishes trade credit data

In July the Department of Trade and Industry (DTI) announced new proposals to raise medium-sized company thresholds to the EU…

#management#security#smes


Nafin to grant US$274m in SME loans in Coahuila...

State development bank Nacional Financiera (Nafin) will channel more than 3 billion pesos (US$ 273.7 million) in loans to small-…

More than half of all loans go to SMEs...

According to a survey by China’s central bank value-added industrial output recorded by small- and medium-sized enterprises (SMEs) was 1,400…

#bank#financial institutions#investment

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