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SIDBI to run $40m support fund for SMEs

THE Small Industries Development Bank of India (SIDBI) will shortly make available a $40 million support fund for small enterprises, according to Mr P.B. Nimbalkar, Chairman, SIDBI. Addressing an interaction meeting organised by the Tamil Nadu Small and Tiny Industries...

#bank#guarantee#guarantee scheme

Finance business, GMAC, shines as General Motors unveils Q4...

"General Motors Acceptance Corporation, or GMAC, achieved its eighth-consecutive year of earnings growth and fourth straight year of record earnings…


1.8bn baht sought for SMEs development

The Industrial Promotion Department plans to seek the National Economic and Social Development Board's approval for a budget of 1.8-billion…

#bank#Boost#management


Strong performance from commercial finance arm helps fuel GE...

GE achieved a record $15.1 billion in earnings in 2002, a 7% increase over 2001, and, excluding progress collections, generated…

#commercial finance#economy#i


Analyses on credit insurance markets in the Netherlands, Italy...

BCR has today added to its factorscan website four articles on private and public credit insurance markets in the Netherlands,…


Enterprise Finance Europe funds multi-million pound deal for worldwide...

Enterprise Finance Europe (EFE) has completed its largest deal to date - a Ј10 million re-financing package for United Phosphorous…


Fortis Commercial Finance appoints corporate manager for the Midlands

Fortis Commercial Finance Limited - part of the international Fortis Group, and a leading invoice finance provider across the UK…


Speciality lenders expect another hot year in asset based...

Asset-based lenders expect loan demand to remain strong in 2003, after a year that saw business surge as corporate borrowers…

#bank#commercial lending#management


Sun Capital HealthCare provides factoring service to former NCFE...

Sun Capital HealthCare, Inc. (SCH), a privately-held leading national financial services provider for the health care industry, entered into a…


Thai agencies plan May launch for program aimed at...

Four state and private agencies have officially begun a cluster programme to help small and medium-sized enterprises strengthen their competitiveness…


Sterling Bancorp Schedules year-end 2002 earnings date and conference...

Sterling Bancorp, parent company of Sterling National Bank, today announced that the Company is scheduled to release year-end financial results…

#bank#conference#international


UK SMEs confident in face of economy fears

Small firms in the UK are more confident about their prospects this year than are companies in other parts of…

#economy#smes

Economists see economy picking up and interest rates growing

The U.S. economy will grow 3 per cent or more this year, followed by more robust growth next year as…

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