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financial institutions

Korea Eximbank loan to Alfa Bank increased to US$80m

Alfa Bank has signed an agreement with The Export-Import Bank of Korea on increasing a loan Alfa Bank received in 2004 to US$80m from the original US$50 m, the Russian bank announced. The two banks on December 31, 2003 signed a...

#bank#banks#financial institutions

Paving way for SME growth

The opening of the SME Bank will certainly be welcomed by the SME community, not only as a one-stop centre…

#bank#banks#financial institutions


Only 30% of micro-sized businesses receive funding

According to Mibanco's president Oscar Rivera, only 30% of Peru's micro-sized enterprises receive financing from (more…)

#financial institutions#funding#investments


Bank lending rose in June to meet government targets...

Venezuela's banks and financial institutions increased lending in June for a fourth consecutive month as bankers sought to meet (more…)

#bank#banks#financial institutions


Bancoldex announces SME loan package for Bogota district

Colombia's state-owned export development bank Banco de Comercio Exterior de Colombia (Bancoldex) is offering a loan package for small- and…

#bank#banks#financial institutions


Money Laundering overhaul signalled

An overhaul of the government's drive against money-laundering, which could see banks and other financial institutions facing fewer (more…)

#banks#Clear#conference


Manufacturing expansion sees rising demand for financing

Expansion of the manufacturing and related sectors will continue to see an increasing demand for business financing, said International Trade…

#financial institutions#international#International Trade


Securitisation Act pushed to help SME funding

There is a need to make non-cash assets more productive by converting these into securities to create new funds through…

#financial institutions#funding#receivables


Bancolombia to maintain SME lending strategy post-merger

Colombia's largest bank Bancolombia will continue with its strategy of product segmentation and increased small- and medium-sized enterprise (SME) lending…

#bank#financial institutions#investment


Kenyan bank seeks $25m Arab, Indian credit lines

The Kenya Industrial Development Bank (IDB) is negotiating for US$25m credit lines from two foreign-based financial institutions. IDB, which said…

#bank#Boost#Exim Bank


Japan venture partners jointly guarantee loans in new scheme

Hachijuni Bank and the Development Bank of Japan have developed a new lending scheme in which a group of smaller…

#bank#financial institutions#guarantee


New SME bank to include easier access to funding...

Financial assistance for small- and medium-sized enterprises to invest in information and communications technology (ICT) systems should be included as…

#bank#banks#financial institutions

BRI targets 25% increase in lending to SMEs

Bank Rakyat Indonesia (BRI) is hoping to extend Rp 15 trillion (US$1.64bn) in new loans this year, a 25 per…

#bank#channel#crisis

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