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EBRD and IFC plans for Banca Comerciala Romana restructuring

European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) have prepared a restructuring plan for the state-run commercial bank Banca Comerciala Romana in which the two financial institution will acquire a 25 per cent stake. The...

#bank#financial institution#international

EBRD, IFC provide $3m for small business loans

The European Bank for Reconstruction and Development (EBRD) and International Finance Corporation (IFC) will provide Kyrgyzstan Bank $3m for small…

#3M#bank#business finance


SMEs get nearly US$4 billion in loans this year

A total of 1,104 small- and medium-sized enterprises (SMEs) received US$3.981 billion in loans from Mexico's National Foreign Trade Bank…

#bank#banks#guarantees


Only 15% of SME's get loans from banks

The small- and medium-sized enterprises (SMEs) only took up about 15 per cent of the total funds released to the…

#bank#guarantees#interest rates


World Bank study at odds with FDI Confidence Index

Poland has jumped up the world league of countries that are attractive to foreign direct investment (FDI), according to AT…

#bank#bankruptcy#investment


Central Bank decreases interest rates again; positive trend in...

The positive atmosphere in the economy continued with another fall in interest rates. With a 3-point drop on Thursday (18…

#bank#economic outlook#IMF


KMB Bank assigned A1 rating

Interfax Rating Agency, the strategic partner of Moody's in Russia, has assigned a long-term credit rating of A1 (rus) to…

#bank#interest#risk


ECGD backs Lagan International Ltd with Ј7 million export...

Belfast-based Lagan International Ltd has won a major contract to expand and upgrade the Maldives’ second largest airport to international…

#bank#exporters#guarantee


SME Bank and Nova Scotia Bank link to boost...

The Small and Medium Enterprises Development Bank of Thailand (SME Bank) has formed an alliance with Toronto-based Nova Scotia Bank…

#bank#exporters#guarantees


Barclays launch Business Club

Barclays Bank has launched a new product for small-scale local businesses. The bank, previously known for dealing with large corporates,…

#bank#cash-flow#management


Banchile Factoring forecasts 165% jump in loans

Chile's Banchile Factoring Internacional, part of the Banco de Chile group, expects to hold a loan portfolio of 80bn pesos…

#bank#smes


African Trade Insurance and World Bank agencies to boost...

Africa’s bid to stimulate private sector led growth and increase cross-border trade received a major boost with the signing of…

#bank#political risks#trade

IFC offers US$300m swap facility for SMEs

The Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas (BSP), has approved in principle the offer of…

#bank#international#risk

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