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SME sector as the driving force behind economic growth

Serbian Assistant Minister of Economy and Privatisation, Blagoje Paunovic, said as part of the Strategy for the Development of Small and Medium-Sized Enterprises (SMEs) campaign that SME development is the driving force behind economic growth aimed at creating a strong...

#banks#economic recovery#guarantee

Lenders expect dramatic improvement in economy within 18 months

According to the results of the latest Phoenix Management "Lending Climate in America" quarterly survey, three-quarters of commercial lenders expect…


Euro Sales Finance appoints associate director for South-West and...

Euro Sales Finance (Euro Sales), a provider of bespoke invoice finance, announced today that it has appointed James Hester as…


Court ruling on syndicated loan case clarifies majority decision-making...

Redwood Master Fund Ltd (and 5 others) v. TD Bank Europe (and 2 others) In a recent case brought before…

#bank#risk


'SMEs must have the killer instinct' to help achieve...

Speaking at a workshop on 'New Export-Import Policy', the director-general of Foreign Trade, Mr Labanyendu Mansingh, said the list of…


Banks lend SMEs US$161million to May, up 49% from...

Colombia's banking system issued loans totalling 451bn pesos (US$161m) to small- and medium-sized enterprises (SMEs) this year to May, up…

#bank#guarantee#guarantees


BDO Stoy Hayward Industry Watch analyses the latest business...

In 2002, a total of 19,928 businesses failed in Great Britain, the highest number of business failures recorded since 1994…

#cash-flow#GDP#international


Kroll appoints Simon Freakley to its board of directors

Simon Freakley, president of Kroll's Corporate Advisory and Restructuring Group, has been elected to the board of directors of Kroll…


Innovative financing sought for small scale industries sector

The Credit Guarantee Fund Trust for Small Industries (CGTSI), set up by the Government of India and the Small Industries…

#bank#interest rates#management


Free trade agreement provides niche opportunities for factors

Chile's free trade agreement (FTA) with the European Union (EU) and the imminent agreement with the US could lure international…

#banks#Boost#international


Lending to SMEs tumbles in three months to May

Kookmin Bank, Korea's largest lender, lowered this year's target growth rates for corporate loans to less than 5 per cent,…

#bank#banks#leasing


Bank Negara safeguards must be in place before banks...

Banking business as defined by the Banking and Financial Institutions Act 1989 (Bafia) includes the business of receiving deposits, paying…

NMB-Heller supports management buy out from Securicor plc

The management of Securicor Information Systems have completed a Ј20.5m management buy-out from Securicor plc using funding provided by NMB-Heller…

#funding#information systems#management

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