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Merrill Lynch vows to grow SME loan provision

Merrill Lynch, the largest US securities firm in terms of number of stockbrokers, is hiring salespeople to make loans to small businesses as the economy rebounds, said James Gorman, president of Merrill's global client group. Merrill has "relationships" with some...

#commercial finance#conference#economy

The Grand Hotel Parco dei Principi, Rome – update

BCR has spoken to staff at the Grand Hotel Parco dei Principi in Rome, the venue for BCR’s recent international…

#conference#international#international factoring


SBA programme to support up to US$100 million in...

US small businesses seeking to sell their products and services in foreign markets will have access to expanded financing support…

#bank#conference#exporters


IFC convenes conferences on SMEs

The North Africa Enterprise Development (NAED), a regional small- and medium-sized enterprise (SME) business development facility programme managed by the…

#bank#conference#international


Regional businesses in dire need of reform

The 14th International Scientific Conference, entitled “Development Horizons for Small- and Medium-Sized Enterprises” (SMEs), was held on 13 April. The…

#bank#conference#international


President urges bankers to accelerate lending to support economic...

Mexico's President Vicente Fox wants bankers to speed-up lending to support a nascent economic recovery, he told the Mexican Banking…

#bank#banks#conference


Foreign direct investment below expectation

The Investment Development Authority of Lebanon (IDAL) has said that in 2002 Lebanon recorded a dramatic increase in Arab Foreign…

#conference#guarantee#investment


GE Commercial Finance expect double-digit profit growth in 2004,...

General Electric Co.'s (GE) huge commercial finance arm, in contrast to its parent company, continues to expect another year of…

#commercial finance#conference


IMEX and IBSnet awarded 2004 SWIFTReady Gold label

Surecomp, a leading provider of trade finance solutions for the wholesale banking industry has been awarded the 2004 SWIFTReady Gold…

#conference#international#receivables


Franchises benefit Africa, US companies – Ex-Im Bank director

J. Joseph Grandmaison, a board member of the Export-Import Bank of the United States (Ex-Im Bank), described the benefits of…

#bank#conference#investment


Small Debt Resolution Scheme to help SMEs

Bank Negara Malaysia will start promoting its Small Debt Resolution Scheme (SDRS) to small- and medium-scale enterprises (SMEs) by the…

#bank#banks#conference


Arroyo earmarks US$358m for SME loans

President Gloria Macapagal Arroyo has earmarked the release of P20 billion (US$358 million) this year to small- and medium-scale enterprises…

#bank#conference#smes

ECB shrugs off currency fears

The European Central Bank (ECB) today announced it would keep interest rates on hold for an eighth consecutive month in…

#bank#Bank of England#conference

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