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Agio bank to develop factoring business

Over five years AGIO Bank (Kyev) plans to increase its share in the basic segments of the banking market of Ukraine to 5%, according to Mars Kjaer, executive vice president of SEB (Skandinaviska Enskilda Banken AB, Sweden) for bank transactions...

#bank#banks#international

KDB to extend won 4.8 trillion in new loans

State-run Korea Development Bank (KDB) on Wednesday announced plans to provide 3 trillion won to small-and medium-sized enterprises (SMEs). In…

#bank#banks#smes


Karnataka bank announces record profit – SMEs lending is...

Karnataka Bank has posted a record profit of Rs133.17 crore in 2003-2004. The Bank has continued to focus on lending…

#bank#banks#insurance


CSOB Slovak branch nets SKK 540m in 9M

The Slovak branch of the Czech bank CSOB raised its net profit to SKK 539.35m in Jan-Sept 2004 from CZK…

#bank#banks#insurance


SIDBI launches venture fund for SMEs

The Small Industries Development Bank of India (SIDBI) has launched the small- and medium- sized enterprise (SME) growth fund, a…

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Bancoldex to offer new SME credit line, minister urges...

Colombia's export development bank Bancoldex will approve a new line of credit worth 1.5 trillion pesos (US$587m) for small- and…

#bank#banks#smes


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


Bank credit off take surges, deposit growth down

Commercial banks are facing a new dilemma. In a trend reversal, banks are facing a peculiar situation of falling deposit…

#bank#banks#interest rates


Banks lending more to small- and medium- enterprises

Philippine banks have lent more funds to small- and medium- enterprises than the minimum 8 per cent the law requires,…

#bank#banks#compliance


Ample funds to help boost SMEs

The amount of loans given to small and medium enterprises (SMEs) for the first six months of 2004 annualised has…

#bank#banks#funding


Three banks launched a credit register

Slovakia's big three banks will launch on October 1 a credit register aimed at reducing the number of unpaid loans…

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IFC to lend US$35 m to private Ukrainian businesses

The International Finance Corporation (IFC) plans to open credit facilities worth more than US$35m for private companies in Ukraine in…

#banks#international#Vice president

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