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Finance South West offers cash boost for budding businesses

A multi-million pound fund to help entrepreneurs in Devon set up in business is launched on Thursday. Finance South West will draw on a funding pool of European money. The fund will provide commercial finance from Ј5,000 to Ј1m through...

#bank#Boost#commercial finance

KfW to fund more SMEs

German state-owned development bank Kreditanstalt fur Wiederaufbau (KfW) has announced that it awarded more loans to medium-sized business in 2004…

#bank#Boost#economy


IBK to lend 20 trillion won to SMEs

The Industrial Bank of Korea will lend 20 trillion won (US$19bn) to small- and medium-sized enterprises (SMEs) this year, up…

#bank#Boost#funding


Bancafe should not be state-run SME financier

State-run bank Bancafe should not be converted into a federal bank specializing in small-and medium- sized enterprise (SME) financing, local…

#bank#banks#Boost


EIB delivers Ђ470m boost to SMEs in Italy and...

The European Investment Bank (EIB) has granted several loans, totalling Ђ470m, to support the development of innovative small-and medium-sized enterprises…

#bank#Boost#investment


BBVA unit expects 25% SME loan growth this year

The Chilean unit of Spanish financial group BBVA (NYSE: BBV) expects to boost lending to SMEs by 25% this year…

#bank#BBVA#Boost


Factoring business helps boost Coface’s H1 revenues

Coface, the credit insurer, has reported a 4.9 per cent increase in consolidated revenue for the first half of 2004,…

#Boost#guarantees#insurance


Griffiths announces Ј0.5m for business incubators from DTI

Small Business Minister Nigel Griffiths congratulated 31 organisations which are receiving nearly Ј500,000 of grants to help set up business…

#Boost#investment#management


SME bank reports spectacular profit increase, plans to expand

The Nord/LB Polska bank, which serves small- and medium-sized companies (SMEs), made a profit of almost zl.5 million (Ђ1.125m) during…

#bank#Boost#Nord/LB


Fortis’ survey shows European businesses’ growing optimism

Businesses in Europe expect the economic climate to improve in the next twelve months. Polish companies are the most optimistic:…

#bank#Boost#financial services


HK wants more investment from mainland SMEs

The Hong Kong Trade Development Council (TDC) has proposed relaxing restrictions to encourage more mainland private enterprises to invest in…

#Boost#international#Jobs


Singapore bank lacks factoring presence, despite BoA buy –...

The 22bn baht purchase of an 80 per cent stake in the Bank of Asia by United Overseas Bank (UOB),…

#acquisition#bank#banks

Funds to boost SMEs

Industry experts have observed that foreign venture capital (VC) worth US$1.5-2.0 bn (Rs 10,000 crore) from Sidbi's SSI Fund will…

#bank#Boost#forum

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