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Citibank starts campaign targeting SMEs

Citibank is starting a campaign to attract SMEs, managing director Janos Horvath announced. The bank aims to boost both its stock of loans and deposits for businesses with annual revenue of HUF 20m-450m. Citibank sees the potential to add another...

#bank#guarantees#liquidity

Tokyo bank set to open doors for SMEs in...

ShinGinko Tokyo Ltd., a bank set up by the Tokyo Metropolitan Government, will open for business on 1 April, said…

#bank#smes


UFJ Bank targets smaller firms with unsecured loans

In a move to bolster business with small- and medium-sized enterprises (SMEs), UFJ Bank plans to provide a total of…

#bank#bonds#smes


Japan venture partners jointly guarantee loans in new scheme

Hachijuni Bank and the Development Bank of Japan have developed a new lending scheme in which a group of smaller…

#bank#financial institutions#guarantee


Payments and Cash Management within Trade Finance

Introduction Due to sheer volumes, most of the emphasis seen in Banking-related journals as well as that emanating from organizations…

#bank#cash management#guarantees


Second foreign bank enters factoring market in Vietnam

The State Bank of Vietnam (SBV), Vietnam's central bank, has allowed the US Far East National Bank (FENB) to provide…

#bank#banks#Deutsche Bank


Ceska Sporitelna’s SME loans top CZK 20bn in 2004

In 2004, Ceska Sporitelna provided new loans for small- and medium-sized enterprises (SMEs) totaling CZK 20.2 bn. The overall portfolio…

#bank#investment#management


BPB provided BRL 29m in micro loans

Brazilian micro credit bank Banco Popular do Brasil (BPB) has reached 1.2 million clients after one year of operation, parent…

#bank#WHO


US Bank introduces “fees paid” SBA loan programme

US Bank has introduced a new "fees paid" SBA loan for small business customers utilizing the flagship 7(a) guaranteed loan…

#bank#financial services#small business


GE Commercial Finance Corporate Lending adds originator to Texas...

GE Commercial Finance Corporate Lending announced that it has named Paul W. Patrick as senior vice president of origination for…

#bank#commercial finance#international


State financing firms to support OTOP programme for SMEs

Government financial institutions (GFIs) involved in the SME Unified Lending Opportunities for National Growth (SULONG) programme will provide financing to…

#bank#financial services#management


Firms increasingly loom to Hong Kong for factoring

There are ten factoring companies in Hong Kong; they had a total turnover of Ђ3.25bn in 2003, according to Factors…

#bank#global trade#international

Raiffeisen Bank Polska doubles its annual profit and begins...

Raiffeisen Bank Polska (RBP) closed 2004 with a record net profit of PLZ.165.4 billion which is almost double the figure…

#bank#GDP#Raiffeisen

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