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Export loans to SMEs up 99%

Loans from Colombia's state-owned export development bank Bancoldex to micro-, small- and medium-sized enterprises grew 99% to 407bn pesos (US$153.4mn) in the first half of 2004 compared to same-period 2003, according to a bank statement. The bank lent a total...

#bank#smes#trade

Trade finance to be offered to SMEs

Kasikornbank Plc (KBANK), Thailand’s third-largest commercial bank, said that it has taken steps to encourage small and medium-sized enterprises (SMEs)…

#bank#cash management#international


Key interest rate changes

Romania’s central bank (BNR) cut its key interest rate by 75 basis points yesterday, moving ahead with a gradual monetary…

#bank#banks#inflation


NORD/LB to release EUR10m in SME lending

Bank NORD/LB Latvia and European Investment Bank (EIB) have signed an agreement on credit facility of Ђ10m. The funds will…

#bank#Nord/LB#SME lending


EBRD to increase investments in banking sector to fund...

The European Bank for Reconstruction and Development (EBRD) plans to increase its investments in Kyrgyzstan's banking sector by buying into…

#bank#banks#financial institutions


EXIM US dollar notes assigned 'A2' rating – Moody's

Moody's has assigned an "A2" rating to the proposed 10-year US dollar notes issued by the Export-Import Bank of China…

#bank#Bank of China#exports


The latest German factoring industry analysis from the World...

“The members of the German Factoring Association (GFA), representing over 95% of the market, achieved a total volume of Ђ35.08…

#bank#factoring industry#German Factoring Association


Mizuho Bank to offer securitisation of receivables to SMEs

Mizuho Bank, part of the Mizuho Financial Group, will launch a comprehensive securitisation service for midsize companies, aiming to increase…

#bank#receivables#securitisation


BRD announce first 5 months volume figures

In the first five months of the year the volume of domestic factoring operations of BRD – Groupe Sociйtй Gйnйrale…

#bank#insolvency#management


Fortis’ survey shows European businesses’ growing optimism

Businesses in Europe expect the economic climate to improve in the next twelve months. Polish companies are the most optimistic:…

#bank#Boost#financial services


Government discusses ways to boost SME bank loans

Government agencies met at the central bank last week to discuss ways to spur banking lending to SMEs, which remains…

#bank#liquidity#SME lending


Factoring – global growth and its potential in Eastern...

Marie-Renйe Bakker and Leora Klapper, of the World Bank and Gregory F. Udell, of Indiana University, explore the advantages of…

#bank#poland#World Bank

Dynamic accuses hostile bidder

Dynamic Commercial Finance, the Aim-traded factor and invoice discounter, has accused its hostile bidder of trying to gain control on…

#asset management#bank#commercial finance

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