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Finance Credit boss pleads guilty to fraud charges

Torgeir Stensrud, one of the founders of the scandal-ridden Finance Credit collection agency, claimed (more…)

#banks#MAN

SME Bank to help ‘riskier’ SME sector and supplement...

The newly-formed SME Bank, a government-owned bank devoted entirely to the development of small- and medium-sized enterprises (SMEs), will commence…

#bank#banks#funding


Sasfin records excellent results

Banking and financial services group Sasfin posted another excellent result, with headline earnings up by (more…)

#ABSA#banks#commercial finance


Taageer Finance announces IPO date

Taageer Finance, Oman's youngest leasing and finance company, is entering the capital market with an initial public offering (IPO) of…

#bank#banks#Paid


Arab agency extends US$45m line of credit to Lebanon

The Arab Trade Financing Programme (ATFP) announced yesterday that it has extended a US$45m line of credit to Lebanon's (more…)

#banks#exporters#trade


Bank Indonesia raises interest rate

Indonesia's central bank raised interest rates sharply and the president promised (more…)

#bank#banks#interest


Bancуldex SME lending on target

Colombia's state-owned export development bank Bancóldex set a goal to lend 974bn pesos to micro enterprises and SMEs this year…

#bank#banks#SME financing


World Bank and Barclays join forces to support SMEs

Barclays Bank Limited yesterday presented a cheque towards the promotion of small- and medium-sized enterprises (SMEs), under the (more…)

#bank#banks#management


Maybank focuses on SME market to increase online lending...

Malaysia s biggest lender, Malayan Banking Bhd (Maybank), aims to double the number..... (more…)

#bank#banks#financial services


Fed Survey – US banks ease business credit standards

Major US banks have made it easier for companies to qualify for loans in recent months, a Federal Reserve survey…

#bank#banks


Government announces package to double bank credit for SMEs

Yesterday, the government announced a major package for doubling bank credit to small- and medium-sized companies (SMEs) to Rs 1,35,000…

#bank#banks#interest rates


Fed lifts rates

The Federal Reserve lifted a key US interest rate  on Tuesday, the 10th consecutive rise and signalled (more…)

#bank#banks#bonds

Bank loan boom around the corner – NBP

The conditions for granting bank loans will gradually be eased, particularly with regard to small- and medium-sized enterprises (SMEs), according…

#bank#bank loan#banks

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