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SME financing

Banex to boost SME financing 30% this year

Argentine bank Banco Banex expects to boost financing to SMEs by 30% this year to around 260m pesos (US$88.m) compared to 2004, Banex's CEO Gabriel Coqueugniot told BNamericas. Together with consumer financing, SME financing is one of Banex’s core businesses...

#bank#banks#SME financing

IFC provides US$10m credit line for SME financing

The International Finance Corporation (IFC) has issued a US$10m credit line to Brazilian bank Banco Triangulo (Tribanco) for small- and…

#bank#international#SME financing


SME development council to introduce incentives to improve access...

The National Small and Medium Enterprise Development Council has agreed to the introduction of an interest subsidy and securitisation of…

#bank#risk#securitisation


RBI steps in to improve credit flow to SSIs

According to the World Intellectual Property Organisation (WIPO) small- and medium- sized enterprises (SMEs) are the driving force behind a…

#bank#exports#SME financing


Banks lured towards SME financing

The State Bank of Pakistan (SBP), while clarifying its prudential regulations regarding small- and medium-sized enterprises (SMEs), has fixed a…

#bank#banks#international


EU support for SMEs compensates for reduced government aid

According to the Czech Ministry of Industry and Trade (MIT), almost two million people are employed in small- and medium-sized…

#bank#guarantees#SME financing


Most SMEs operate without bank finance

Argentine banks reach only 23% of small- and medium-sized enterprises (SMEs) in the country with their financing options, according to…

#bank#bank loan#guarantees


Access to finance for SMEs – European Commission

Europe's small businesses need more efficient pan-European financial markets, more equity investment, and a sharper public policy focus on early-…

#Access to Finance#European Commission#small businesses


SMEDA and Prime Bank to provide services to SMEs

The Small And Medium Size Enterprise Development Authority (SMEDA) and Prime Bank have agreed to provide complete business solutions including…

#bank#leadership#SME financing


Bank Muamalat announces new SME products and insurance tie-up

Bank Muamalat Malaysia Bhd will introduce new financial tools catering to small- and medium-scale enterprises (SMEs). President and chief executive,…

#bank#insurance#SME financing


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


HVB Bank to offer EU subsidised loans to SMEs

HVB Bank Hungary will offer subsidised loans to local small- and medium-sized enterprises (SMEs) under an agreement signed with the…

#bank#banks#risk

Close Invoice Finance Enters Strategic Alliance with Singer &...

Close Invoice Finance Ltd, the factoring and invoice discounting subsidiary of Close Brothers Group plc, has purchased the book of…

#BCR Publishing#invoice#SME financing

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