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Textile SMEs in line for increased credit

Buoyed by the opportunity for higher credit deployment in the small and medium enterprise-dominated textile sector, the National Small Industries Corporation (NSIC) may try out a higher funding under the Indo-Italian line of credit focussing the textile SME-exporters, especially the...

Grant Thornton's recovery and reorganisation practice appoints new partner

Leading business and financial adviser Grant Thornton today announced the appointment to partner of Samantha Keen in its Recovery and…

#insolvencies#insolvency#international


Malaysian Industrial Development Finance plans islamic-based financing facility

Malaysian Industrial Development Finance Bhd (MIDF) plans to launch a new financing facility using sharia-based principles by the second quarter…


New head of Abbey National Cash Flow Finance

Adrian Taylor joins Abbey National Business to head its Cash Flow Finance at a time when the bank is attempting…


US funds sought for matchmaking plan to help Filipino...

The Small and Medium Business Development Foundation (Philsmed) is seeking funding from the United States Agency for International Development (USAid)…


Institute of Export joins forces with GERLING NCM to...

The Institute of Export and GERLING NCM, one of the world's leading credit insurance and receivables management companies, today announced…

#bad debts#debt collection#exporters


Bancomext estimates 5% growth in exports this year

The Mexican Foreign Trade Bank (Bancomext) estimates that Mexican exports could grow by 5% during 2003, a year in which…

#bank#channel#exports


Government plans regulatory overhaul of insurance industry

Guatemala's government is drafting legislation that would provide a new regulatory framework for the insurance industry, an official from the…

#Bill#insurance#investments


Bank specialising in serving SMEs to list on Nasdaq

Bridge Bank, Santa Clara County's newest full-service business bank today announced that it has been approved to list its securities…


DTI to relax collateral requirements on SMEs

The Department of Trade and Industry will relax the collateral requirement on microbusinesses and small and medium enterprises (SMEs) for…

#assignment#risk#smes


Citibank to focus on SMEs through transportation funding

Citibank has bought out portfolios of over Rs 1,000 crore in the last 14 months from non-banking financial companies (NBFCs)…

#bank#banks#funding

Chilean unit of Coface reports increase in income

The Chilean unit of French credit insurance company Coface saw its premiums grow 34% during 2002 and booked net income…

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