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ADB to inject investment in Chinese SME credit guarantee...

The Asian Development Bank (ADB), a financial institution dedicated in reducing the poverty and promoting the economic development in Asia, is said to have acquired a minority stake in the holding company of Shenzhen Credit Orienwise Co., Ltd. (Credit Orienwise),...

#ADB#bank#financial services

Cenbank looks to up SME credit

Re-establishing credit for small- and medium-sized enterprises (SMEs) will be one of the main objectives of Argentina's central bank president…

#bank#Jobs#smes


Absence of a clear legal framework hampers factoring industry

Total factoring turnover in India increased to US$1,427m in 2003, from US$1,367m the year before, according to the global industry…

#bank#global trade#international


New export finance programme unveiled

A new trade finance initiative has been created to provide California-based small- and medium-sized companies (SMEs), their buyers, suppliers, and…

#bank#exporters#guarantees


ADB pledges US$50 million for SME development programme

The Asian Development Bank (ADB) has agreed to provide about US$50 million to the Bangladeshi government-sponsored small- and medium-sized enterprise…

#ADB#Bangladesh bank#bank


Export insurance and credit

The Pakistan Insurance Corp (PIC) administers an export-credit-guarantee scheme that deals with all exports not covered by letters of credit.…

#bank#exporters#guarantees


Bridge Capital Holdings appoints new director

Bridge Capital Holdings, whose sole subsidiary is Bridge Bank, N.A., Silicon Valley's newest business bank, has announced that Silicon Valley…

#bank#cash management#management


Ex-financier hit with record jail term

Trond G Kristoffersen, co-founder and former chief executive of scandal-ridden Finance Credit, was sentenced to nine years in prison on…

#bank#banks


Industrial Bank of Korea vows to keep lending to...

The state-owned Industrial Bank of Korea (IBK) said yesterday that it will continue to increase lending to small- and medium-sized…

#bank#banks#economy


SME survey shows what managers think about current conditions...

In a survey of 1,761 small- and medium-size enterprises (SMEs) nationwide by the Industrial Bank of Korea, 41.9 per cent…

#bank#cash-flow#financial services


Local Arlington bank and factor names two new directors

Southwest Securities Bank, a member of SWS Group, Inc., has named two new directors: Gerald B. Alley and Donald W.…

#bank#banking services#i


Saudi Credit Bureau database helps SMEs qualify for loans

The newly established Saudi Credit Bureau, the only one of its kind in the Middle East, has announced that its…

#bank#international#risk

Finansbank secures syndicated loan for business finance and to...

Finansbank Romania has obtained a Ђ15m syndicated loan arranged by Alpha Bank's London branch, The Bank of New York and…

#bank#business finance#exports

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