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Factoring market will grow by 50% to NIS 4.2bn...

Israel's factoring market is expected to grow by 50% to NIS 4.2 bn in 2006, Shlomi Sarid, CEO of Clal Insurance Enterprises Holdings Ltd. (TASE: CLIS) subsidiary Clal Factoring says. The market totaled NIS 2.9 bn in 2005. Clal Factoring is...

ICIC ‘12.5% of debts in 2005 problematic’

In 2005, 12.5% of payments in arrears became problem debt*. The sectors most at risk were (more…)


BankMuscat launches SME programme lending solutions suite

Its comprehensive suite of programme lending solutions for the SME sector, will, in time, replace the (more…)

#bank#credit risk#receivables


New US$10m SME fund model announced

An innovative SME fund model that integrates the provision of business development assistance and finance will target (more…)


HSBC offer Islamic finance for SME Halal imports

HSBC Amanah Import Finance has been formed to provide small and medium-sized enterprises with the opportunity to conduct business... (more…)


Government program receives EU funds for small business

The European Commission in Lebanon has formerly announced a 4 million ($4.7 million) transfer of funds to a government loan…

#guarantees#small business#smes


New funding scheme launched by Bank Muscat aims to...

Bank Muscat, yesterday launched a new lending solutions programme, entitled Al Wathbah, to support small and medium-sized businesses with... (more…)


The Export Credit Guarantee Company of Egypt

The Export Credit Guarantee Company of Egypt (ECGE), which began operations in September 1993, offers the first guarantee of payments…


VCBank announces launch of SME fund

Venture Capital Bank, the Islamic venture capital investment bank, has announced the Q1 2006 launch of... (more…)


Blueprint guides Jordanian banks for financing SMEs

Bankers agreed on Sunday to pay closer attention to financing small and medium-size enterprises (SMEs).  The bankers were debating a…

#banks#financial services#international


Interest rates rise again, ahead of Fed

Bank of Israel Governor Stanley Fischer didn't surprise anyone when he announced on Monday that the interest rate... (more…)


AfDB lends $200m to Egypt bank

The African Development Bank group (AfDB), the multilateral development finance agency for the African continent, has approved a loan totalling…

#AfDB#African Development Bank#African Development Bank Group

Clal Credit Insurance and Euler Hermes join in credit...

For the first time, Clal Credit Insurance, a subsidiary of Clal Insurance Enterprises Holdings Ltd., has signed an agreement to…

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