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Business Development Manager joins Venture Finance's London office

Asset-based financier Venture Finance today announces that Kevin Connery is joining the team, as business development manager covering Surrey and South London. With seven years industry experience and first-hand knowledge of the area, Kevin is the ideal choice for this...

#bank#banks#funding

ICIC to make credit insurance available to Israeli diamond...

The Israel Diamond Exchange (IDE) announced that it has finalized an unprecedented agreement with the Israeli Credit Insurance Company (ICIC),…

#bank#exporters#international


Indonesia allocating 138 bn rupiah to revitalize SMEs in...

The government is allocating 138 bln rupiah to revitalize small- and medium-sized enterprises (SMEs) in the tsunami-hit Aceh province, Kompas…

#ADB#Asian Development Bank#bank


Banco Los Andes opens doors to micro and SMEs...

Former Bolivian mutual aid society Caja Los Andes officially began operations as a bank on 3 January, focusing its business…

#bank#financial services#small businesses


IBK to lend 20 trillion won to SMEs

The Industrial Bank of Korea will lend 20 trillion won (US$19bn) to small- and medium-sized enterprises (SMEs) this year, up…

#bank#Boost#funding


Small businesses reject chancellor

Despite prime minister Tony Blair's pledge to put small business at the top of the agenda at the last Labour…

#bank#cash-flow#conference


CIT to acquire Education Lending Group for US$19.05 per...

CIT Group Inc., a leading provider of commercial and consumer finance solutions, announced that it has signed a definitive agreement…

#bank#CIT#JPMorgan


Krung Thai Bank aims to lend 40 billion baht...

State-owned Krung Thai Bank PCL (KTB.TH) plans to increase loans to small- and medium-sized enterprises (SMEs), by 40 billion baht…

#bank#SME loans#smes


Barclays signs deal with Enterprise Uganda to boost SMEs

Barclays Bank has signed a partnership with Enterprise Uganda, to boost small- and medium-sized enterprises (SMEs). The deal was signed…

#bank#Jobs#smes


Raiffeisenbank gets Ђ10m credit line to fund SMEs

Raiffeisenbank Bulgaria received a Ђ10m credit line to finance the small- and medium-sized enterprises (SMEs). The funds are provided by…

#bank#investment#smes


FIM Bank acquires 38.5 per cent stake in GTF

First International Merchant (FIM) Bank has acquired 38.5 per cent stake in Global Trade Finance (GTF)-26 per cent of the…

#bank#global trade#international


ECGC credit to be slashed by 50 per cent...

Export Credit Guarantee Corporation of India (ECGC) has decided to reduce the eligible credit limit by 50 per cent or…

#bank#exporters#guarantee

Small Businesses to obtain larger working capital loans

US small business exporters are obtaining larger working capital loans under the new co-guarantee agreement of the Export-Import Bank of…

#bank#exporters#exports

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