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Mexico

Goverment plans to spread SME growth throughout country

Economy Secretary Fernando Canales Clariond acknowledged yesterday that, with the exception of the Yucatan peninsula, the country's south-southeast region registered the lowest rates of growth in the small- and medium-size enterprise (SME) sector. The former governor of Nuevo Leуn called...

Measures to protect tequila SMEs to be enforced from...

In a measure to support the small- and medium-sized enterprises (SMEs) in the tequila and the agave-tequila productive chain, the…

#international#regulation#smes


World Bank supports e-business to increase productivity of small...

The World Bank approved a US$58.4 million loan to help increase competitiveness and growth of micro and small businesses in…


Euler Hermes authorised to cover medium to large company...

International credit insurance company Euler Hermes plans to target large- and medium-sized corporations in Mexico according to country manager Roger…

#3M#bank#international


Credit unions – a real financing option for SMEs

While the demand from small- and medium-sized enterprises (SMEs) for credit is increasing, companies are obtaining funds from the credit…


Bancomext investments in loans to SMEs and credit insurance...

The Mexican Foreign Trade Bank (Bancomext) invested 19.92 billion pesos (US$1.91 billion) to support export-related activities between January and May,…


Secretariat of Tourism launches support for SME sector

With the backing of the Economy Secretariat, Nacional Financiera (Nafin) and the commercial banking sector, the Secretariat of Tourism (Sectur)…

#bank#economy#investments


Factoring companies foresee growth in 2003

The 11 factoring companies belonging to Mexican factoring association AMEFAC expect that their monthly credit operations in 2003 will exceed…

#factoring industry#Two


Bancomext grants 14bn pesos in loans, guarantees and insurance...

The Mexican Foreign Trade Bank (Bancomext) reported that between January and April it has provided financing of 14.13 billion pesos…


Lack of financing causes 70% of SMEs to fold

Of all the small- and medium-sized enterprises (SMEs) that start operations in the domestic market 70% close down two years…

#bank#economy#Produce


Banks snub SME loan programme of government, which now...

Leading Mexican banks Santander Serfin, Banco Bital and BBVA Bancomer have made only 30% of the 15,800 small business loans…

#BBVA#commercial lending#guarantees


GE Capital to double small business client base in...

GE Capital Bank is shifting its Mexican business strategy to greater lending to small- and medium-sized enterprises (SMEs), local daily…

Government proposed changes to the law will impact factors

The Mexican government will propose modifications to the Auxiliary Credit Organizations Law over the coming months, which would apply to…

#leasing#risk#Vice president

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