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Banks home in on SME business

With advances to the corporate sector slowing down, and in some cases even turning negative, small- and medium-size enterprises (SMEs) are emerging as the new darlings on Banking Street. Private and foreign banks are rushing to offer services ranging from...

#bank#banks#management

SMEs get subsidised loans

The Ministry of Economy and Transport (GKM) and the state-owned Hungarian Development Bank (MFB) have launched the HUF 150 bn…

#bank#banks#economy


EIB plans to expand long-term funding for SMEs

The European Investment Bank (EIB) plans to develop partnerships with domestic and foreign banks in Greece with a view to…

#bank#banks#funding


SSIs still starved of credit

Concerned with the inadequate availability of credit to the small-scale sector, Minister of Small Scale Industries, C P Thakur, said…

#bank#banks#Boost


Interest rates raised in effort to curb inflation

Brazil's central bank raised interest rates for the second time in a month to curb what new President Luiz Inбcio…

#bank#banks#emerging markets


SMEs seek a dedicated bank

The government should pave the way for opening of large fund-based private banks, specifically dedicated to small and medium enterprises…

#bank#banks#liquidity


Coface reduces exposure 15%

Coface, the French credit insurance specialist, has reduced its exposure to Brazil by 15% to US$1.08bn, daily Valor Economico reported.…

#AIG#banks#emerging markets


Business association calls for company debt moratorium

Venezuelan public and private sector banks will have to restructure the debts of small- and medium-sized enterprises (SMEs) that have…

#banks#interest#international


Government allocates P30bn for SMEs

Malacanang is planning to grant P1 million for each town in the Philippines as part of its P30 billion lending…

#banks#risk#SME lending


Citibank to focus on SMEs through transportation funding

Citibank has bought out portfolios of over Rs 1,000 crore in the last 14 months from non-banking financial companies (NBFCs)…

#bank#banks#funding


Listing of hundreds of companies on Thai Stock Exchange...

As many as 300 companies are ready to list on the Stock Exchange of Thailand, according to Twatchai Yongkittikul, secretary-general…

#alternative funding#bank#banks


The Asian Development Bank approves SME export development loan...

The Asian Development Bank on Wednesday approved a loan of US$85 million to a small and medium-sized enterprise (SME) export…

#ADB#Asian Development Bank#bank

Thai economy expanded by a surprise 4.9% Q3.

Robust domestic demand and unexpected export growth have helped Thailand's economy to expand by 4.9 per cent in the first…

#banks#economy#exports

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