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ECGC and Corp Bank in bancassurance tie-up

Export Credit Guarantee Corporation (ECGC) has obtained a special exemption from the Insurance Regulatory and Development Authority (IRDA) allowing it to have a bank that already sells products for another non-life company as corporate agent. Under existing IRDA guidelines a...

#bank#exports#guarantee

SME Development Bank announces first half results

The Small and Medium Enterprise Development Bank of Thailand (SMED Bank) announced that new lending in the first six months…

#bank#guarantee#guarantees


Government loans to SMEs hit P11.8 billion

The government has announced that it has already released P11.8 billion worth of loans to the country's micro-, small- and…

#bank#guarantee#small business


ECGD provides credit insurance for multi-million dollar sale of...

The UK government’s Export Credits Guarantee Department (ECGD) is backing Bombardier Aerospace for the first time on several multi-million dollar…

#bank#exporters#guarantee


Government to channel bank reserves money into guarantee funds

The government has initiated a project aimed at helping small- and medium-sized enterprises (SMEs) by revoking income tax on released…

#bank#banks#guarantee


Bajaj Allianz to enter credit insurance business

Bajaj Allianz General Insurance Company Ltd is planning to get into the credit insurance business, an area dominated by the…

#Allianz#exporters#guarantee


SME sector as the driving force behind economic growth

Serbian Assistant Minister of Economy and Privatisation, Blagoje Paunovic, said as part of the Strategy for the Development of Small…

#banks#economic recovery#guarantee


Banks lend SMEs US$161million to May, up 49% from...

Colombia's banking system issued loans totalling 451bn pesos (US$161m) to small- and medium-sized enterprises (SMEs) this year to May, up…

#bank#guarantee#guarantees


Daisytek Australia and ISA International (UK) appoint voluntary administrators...

Daisytek International Corp. said the boards of its subsidiaries in the UK and Australia each appointed a voluntary administrator to…

#bankruptcy#commercial finance#guarantee


Syrian private sector SMEs to benefit from 25 million...

The Syrian Government has agreed to provide the European Investment Bank (EIB) with a guarantee for the loans the EIB…

#bank#banks#guarantee


Hungarian Development Bank to lend HUF 50 billion to...

The state-owned Hungarian Development Bank (MFB) plans loan programmes worth HUF 245 billion in 2003-2004, MFB CEO Janos Eros announced.…

#bank#guarantee#SME financing


ECGD urges Export Credit Agencies to work in partnership

The UK's Export Credits Guarantee Department (ECGD) has renewed its commitment to keep sustainable development at the heart of its…

#exporters#forum#guarantee

Karnataka SSIs top in Credit Guarantee Fund intake

Of the Rs 95 crore credit that the Credit Guarantee Fund Trust For Small Industries (CGTSI) has disbursed, Karnataka leads…

#bank#guarantee#guarantees

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