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International Finance Corporation to finance SMEs

The International Finance Corporation (IFC) is finalising a deal to provide a credit line to Syria's banking sector, to be used for the financing of the investment needs of Syria's small- and medium-sized enterprises (SMEs). According to Bassel Hamwi, senior...

#bank#financial institution#international

Enterpreneurs can draw cheap loans from EU funds

Grants are a direct aid for future drawing of funds from EU Structural Funds. The Slovak Guarantee and Development Bank…

#bank#banks#guarantee


Money laundering threatens economy

Money laundering poses a serious threat to South Africa's democracy and governance which have been hard earned, says the National…

#anti-money laundering#bank#economy


Poland entices banks to finance EU programmes for SMEs

Poland has lured the nation's banks to finance pre-payments on EU programmes in return for a series of key legal…

#bank#banks#guarantees


State Bank of Pakistan issues new prudential regulations for...

The State Bank of Pakistan (SBP) has set a maximum exposure limit of Rs75m on banks and development financial institutions…

#bank#regulation#risk


Dependence on small firm sector could be its downfall

In the opinion of Prof Gianmaria Gros Pietro, head of management economy at Turin University, a former president of state…

#banks#international#management


Amendments to the Portuguese Securitisation Law

The Portuguese government has introduced several changes to the 1999 Securitisation Law with a view to improving the domestic securitisation…

#capital requirements#management#receivables


Tough times ahead, warns BoE governor

Britain faces tougher times throughout the coming decade, Mervyn King warned on Tuesday night in his first speech since taking…

#bank#Bank of England#interest rates


In or out, prepare to tackle the euro

By Graeme Forbes, head of corporate finance with Grant Thornton. Uncertainty over whether the UK will join the euro is…

#risk#small business#smes


EFIC completes sale of short-term export credit insurance business

The Export Finance and Insurance Corporation (EFIC) finalised the sale of its short-term export credit insurance business to GERLING NCM…

#export credit insurance#exporters#guarantees


Industrial Bank of Korea to lend 1,000bn won to...

The Industrial Bank of Korea unveiled its plan yesterday (26 September) to provide a total of 1,000bn won ($865.8m) in…

#bank#bankruptcy#Clear


KMB Bank assigned A1 rating

Interfax Rating Agency, the strategic partner of Moody's in Russia, has assigned a long-term credit rating of A1 (rus) to…

#bank#interest#risk

IFC offers US$300m swap facility for SMEs

The Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas (BSP), has approved in principle the offer of…

#bank#international#risk

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