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Finance South West offers cash boost for budding businesses

A multi-million pound fund to help entrepreneurs in Devon set up in business is launched on Thursday. Finance South West will draw on a funding pool of European money. The fund will provide commercial finance from Ј5,000 to Ј1m through...

#bank#Boost#commercial finance

Coface UK survey indicates credit insurance viewed as strategic...

Coface UK, a leading provider of credit solutions for business, has conducted a survey of clients and revealed that businesses…

#bank#credit risk#guarantees


PTA Bank, FMO sign K75bn trade finance agreement

The Eastern and Southern African Trade and Development Bank (PTA Bank) has signed a US$15m (about K75 billion) trade finance…

#ADB#African Development Bank#bank


Zoltбn Bodnбr appointed as a new CEO of Eximbank

Zoltбn Bodnбr is the new CEO of state-owned foreign trade financer Hungarian Export-Import Bank Rt (Eximbank). Istvбn Csillag, the former…

#bank#economy#trade


Pakistan's OIC task force to boost SMEs exports

The Organisation of Islamic Conference (OIC) task force on the small and medium-sized enterprises (SMEs) for export products has recommended…

#bank#conference#international


Pact with WB on SMEs financing

India and the World Bank have signed a loan agreement on small- and medium-sized enterprises (SMEs) financing and development project.…

#bank#risk#SME financing


KfW to fund more SMEs

German state-owned development bank Kreditanstalt fur Wiederaufbau (KfW) has announced that it awarded more loans to medium-sized business in 2004…

#bank#Boost#economy


Emirates Bank Factoring goes global – now a member...

Emirates Bank has become the only local bank in the UAE to become an accredited member of Factors Chain International…

#bank#exporters#international


Base interest rate drops

The base interest rate (BIR) valid as from February 1 to February 28, 2005, has been set at 1.89 per…

#Allianz#bank#banks


PEAC Jakarta unit launched to boost SME financing access

In an effort to help develop and empower small-to medium-sized enterprises (SMEs), a Jakarta unit of an agency designed to…

#bank#international#SME financing


Base rate cut

The Monetary Council of the National Bank of Hungary (MNB) cut its benchmark interest rate from 9.5% to 9%. The…

#bank#interest#interest rate


S Korea's Exim bank to offer factoring to exporters

State-run Export-Import Bank of Korea said Monday it will provide 500 billion won (US$488m) this year to local exporters by…

#bank#credit risk#exporters

CNB cuts interest rate by 0.25 percentage points

Czech National Bank (CNB) has surprisingly cut interest rates by 0.25 percentage points. Main repo rate is dropped to 2.25…

#bank#inflation#interest

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