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Small business finance 'strong', says BoE

According to the eleventh - and final - report on finance for small firms, "there was little evidence of smaller firms having difficulties accessing bank finance and the liquidity of the sector remained strong," during 2003. But access to funding...

#bank#Bank of England#business finance

Bank of Korea warns of increased financial risks for...

The Central Bank of Korea (BOK) on Monday predicted there could be a series of bankruptcies of small companies and…

#bank#exports#international


SBA programme to support up to US$100 million in...

US small businesses seeking to sell their products and services in foreign markets will have access to expanded financing support…

#bank#conference#exporters


Central Bank reduces key interest rates by 50 basis...

Slovakia's central bank NBS bank board reduced key interest rates by 50 basis points. The two–week repo-tender rate now stands…

#bank#inflation#interest


SMEs need not fear credit squeeze from Basle II...

Hong Kong's small- and medium-sized enterprises (SMEs) will not suffer the credit squeeze feared by some as a result of…

#bank#financial services#international


Mexico praised for lending to small businesses

Hector Barreto, administrator of the US Small Business Administration (SBA), praised Mexico's commitment to helping small enterprises on Tuesday. He…

#bank#guarantee#guarantees


EU support for SMEs compensates for reduced government aid

According to the Czech Ministry of Industry and Trade (MIT), almost two million people are employed in small- and medium-sized…

#bank#guarantees#SME financing


Factoring turnover reaches Bt120bn in 2003

The factoring industry is neither registered nor regulated in Thailand. Nevertheless, the industry has been flourishing for at least a…

#bank#exporters#interest rates


Scotiabank unit launches US$16.7m SME fund

Scotiabank Jamaica has launched a J$1bn (US$16.7m) small- and medium-sized enterprise (SME) financing programme, focusing on export-related activities and job…

#bank#credit risk#risk


Merger to be completed this year

Financial services conglomerate Grupo Security expects to complete the merger between its bank Banco Security and the Chilean subsidiary of…

#acquisition#bank#financial services


Credit anxiety looms for SMEs

Anxiety over credit problems in small- and medium-sized companies (SMEs) is increasing, as 67 per cent of loans to those…

#bank#banks#economy


Deloitte & Touche warn on money laundering surge on...

Banks and other financial institutions could face a potential surge in money laundering when the European Union expands at the…

#anti-money laundering#bank#banks

MFB records HUF6.14bn net income in 2003 – new...

State-owned Hungarian Development Bank (MFB) recorded a net income of HUF6.14 bn (US$27.4 m) in 2003, according to the company's…

#bank#funding#interest rate

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