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Magnus LLC to finance foreign trade

Through its Romanian representative office, American-based financial holding Magnus LLC has launched a US$50m loan programme for Romanian companies that conduct foreign trade operations. The minimum loan value will stand at US$100,000 and there will be no pre-imposed ceiling. The...

#guarantees#interest#interest rates

SZRB to provide guarantees on Tatra Banka SME loans

Slovak Guarantee And Development Bank (SZRB) is to provide guarantees on Tatra Banka small- and medium-sized enterprises (SMEs) loans up…

#bank#guarantees#risk


Unicredit-Confindustria agreement fund allocation begins

On Monday the fund allocation for the innovations set by the UniCredit-Confindustria agreement will begin. The operative agreement worth Ђ1bn…

#bank#guarantees#international


Commerce ministry urged to rejuvenate PEFGA

President Union of Small & Medium Enterprises (UNISAME) Zulfikar Thaver said the Ministry of Commerce should rejuvenate Pakistan Export Finance…

#exporters#guarantees#international


Integrating trade finance and payments – article

Due to sheer volumes, most of the emphasis seen in banking-related journals tends to concentrate on pure payments processing (sometimes…

#cash management#guarantees#international


Basel II reforms will have “positive effect on SME...

Politicians and financiers agreed on the importance of readily providing capital to small- and medium-sized enterprises (SMEs) and bemoaned the…

#bank#forum#guarantees


Vneshtorgbank operations reach Ђ500m

Vneshtorgbank's total amount of operations, covered by export insurance agencies, has increased six times in the past three years and…

#bank#banks#exports


Disputable Kc40bn claim on CSOB sold to Slovak General...

The new owner of Kc40bn disputable claim on CSOB from the times of sale of former bank IPB is Slovak…

#bank#guarantees#investment


Japan government to expand loan guarantee programme for SMEs

The Ministry of Economy, Trade and Industry plans to expand its loan guarantee programme for small- and medium-sized enterprise (SMEs)…

#guarantee#guarantees#smes


Aval gets next US$1.8m tranche under EBRD credit line

Kyiv-based Aval Bank has received the next US$1.8m tranche under the credit line of the European Bank for Reconstruction and…

#bank#guarantees#management


Citibank starts campaign targeting SMEs

Citibank is starting a campaign to attract SMEs, managing director Janos Horvath announced. The bank aims to boost both its…

#bank#guarantees#liquidity


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

Payments and Cash Management within Trade Finance

Introduction Due to sheer volumes, most of the emphasis seen in Banking-related journals as well as that emanating from organizations…

#bank#cash management#guarantees

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