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South East Growth Fund for SMEs fully operational

Small- and medium-sized enterprises (SMEs) in the South East of England have a new source of risk capital now that the eagerly anticipated South East Growth Fund (SEGF) has become fully operational. The fund has already received a significant number...

International Factoring Association seminar announced

The International Factoring Association is to hold a one-hour teleconference seminar on Thursday, 12 June at 1pm Pacific Daylight Saving…


Fortis Group appoints Director Investor Relations and Communications Manager

Ian Roundell has been appointed Director Investor Relations at the international insurance, banking and investment group Fortis. Ian spent the…


Pound soars as BoE holds rates and European Central...

Businesses were hit by a double whammy yesterday as the Bank of England refused to cut interest rates and the…

#bank#Bank of England#exports


Telemedicine company adds credit insurance to help grow exports

In an effort to boost overseas sales, AMD Telemedicine just added another small weapon to its arsenal. The Shattuck Street…


Small Business Minister launches GBP2.5m boost for East Anglian...

A new fund to provide finance for start-up and fast-growth businesses in the East Anglia region was launched in Cambridge…


Standard & Poor’s downgrades Kookmin Bank's Outlook Rating over...

Standard & Poor's Ratings Services (S&P) announced yesterday that it had downgraded its outlook on the long-term credit rating for…

#bank#risks#smes


Banks to give composite loan of Rs 50 lakh...

Small-scale units can now get a composite bank loan of up to Rs 50 lakh as against a maximum of…


Deputy PM calls on SMEs to capitalise on ‘cash-flow...

The Government has made credit access sufficiently easy for small- and medium- scale enterprises (SMEs) that they can stop turning…


Record attendance at FDA annual dinner and awards

Having attended eight out of the last nine FDA dinners I can tell you this year’s event, which was at…

#awards#bank#invoice


BPPG launches new factoring information on website

Many businesses suffering from persistent late payment of invoices by their customers choose to engage a factoring company as a…


State bank working for new regulation for SMEs

State Bank of Pakistan (SBP) governor, Dr. Ishrat Husain, said the central bank was working on new prudential regulations that…

#bank#exports#regulation

Euler & Hermes to compete with Coface in export-guarantee...

Euler do Brasil, the local credit insurance unit of German financial group Allianz, has received government authorisation to insure export…

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