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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 International Finance Corporation (IFC) to provide a cross-currency swap facility worth between US$200m and US$300m to local small- and medium-sized...

#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


SMEs welcome insolvency rule change but accountant warns against...

Rules designed to prevent struggling companies from becoming insolvent came into force yesterday (15 September), to warm applause from small…

#Crown preference#insolvency#smes


CIT Commercial Services buys US factoring assets from GE...

CIT Group Inc. (CIT) announced today that its Commercial Services business unit has acquired a substantial portion of the US…


Bank of Baroda and SIDBI ink pact on SSI...

Bank of Baroda and Small Industries Development Bank of India (SIDBI) have teamed up to co-finance the small-scale industries (SSI)…


Dynamic announces first half 2003 results

Dynamic Commercial Finance plc has continued to grow profitably during the first six months of 2003, producing a profit before…

#commercial finance#funding#receivables


Bush proclaims Small Business Week and confirms his administrations...

“The success of small businesses in America reflects the innovation, determination, and hard work of the American people. During Small…


Exports to Middle East boom after Iraq war

Exports to countries in the Middle East have shot up in recent months, making up for months of losses during…

#exports#international#International Trade


Securitisation market forecasts growth

The securitisation market in India may grow at a compounded annual growth rate (CAGR) of 40-50 per cent in the…

New small business guide from Lloyds TSB

Over 1.5 million UK entrepreneurs have used The Lloyds TSB Small Business Guide since it’s first edition published in 1987…

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