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Global Analysis

European Commission launches new Ђ36m programme for financing small...

Today the European Commission adopted a programme to assist local banks and other credit institutions, particularly in the ten new EU Member States. This programme strives to alleviate the difficulties of financing business, especially for small- and medium-sized enterprises (SMEs)....

#bank#EIF#guarantees

UN declares 2005 international year of micro credit

Since the tsunami disaster, much has rightly been made of the millions of pounds being donated by individuals and companies…

#bank#financial services#interest rates


Guides to protecting against bad debts in the New...

A series of reports has been launched to help British exporters protect themselves from bad debts whilst doing business with…


Zurich signs Alliance agreement with Australia's Export Finance and...

Zurich's unit providing insurance solutions for emerging markets risks has signed an alliance agreement with Australia's Export Finance and Insurance…


VEB, Roseximbank ink export-credit insurance deal with COFACE

Vnesheconombank (VEB) and Roseximbank singed a tripartite agreement with French export-credit insurer COFACE, VEB chief Vladimir Dmitriev told. "The agreement…


State-run financing institution offers equity financing for SMEs

For entrepreneurs bent on making their businesses grow but are hobbled by resource constraints, outside funding can be a much-needed…

#international#management#smes


Reliance Infocomm signs US$750m debt financing deal

According to "Business Line", even as it is being buffeted by internal turmoil, Reliance Infocomm (RIC) announced the closure of…


KFW Germany lends Ђ16m to support Russian SMEs

Germany's KfW signed credit agreements worth a total of Ђ16m with three Russian banks during the small and medium business…


ING, GE to restructure finance joint venture NMB-Heller

ING Group NV and General Electric Commercial Finance have agreed to restructure their working capital finance joint venture NMB-Heller. ING…


US-based CIT Group gets UK commercial bank licence, will...

US-based CIT Group has been granted a UK commercial banking licence that will allow it to make loans to businesses…


PTA Bank receives US$14m credit

The Eastern and Southern African Trade and Development Bank (PTA Bank) has received US$41m (sh24b) to grant loans to members…

#African Development Bank#bank#trade


Exim Bank of India announces contract to set up...

Buoyed by the over-Rs 9,000-crore disbursements in the current year, Exim Bank of India expects to close the year with…

Ex-Im Bank supports US equipment exports for Turkish power...

States (Ex-Im Bank) today approved a US$53.3m loan guarantee to support the export by GE Packaged Power, Inc., Houston, Tex.,…

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