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G20 Summit introduces 14 innovative finance models for SMEs

The G20 Seoul Summit and Ashoka, a working community of social entrepreneurs, on Friday introduced 14 innovative finance models dedicated to unleashing the potential of small and medium-sized enterprises (SMEs) in emerging markets. (more…)

#emerging markets#management#smes

Canadian asset manager invests in Brazilian factoring

Sarona Asset Management announced today that its Sarona Frontier Markets Fund 1 LP has made its first investment in Brazil…

#assets under management#management#receivables


UK SMEs use wrong type of finance

The annual Credit Check survey by Venture Finance, finds that almost two thirds (60%) of UK accountants say... (more…)

#bank#business finance#invoice


2011 'Doing Business' SME study released by World Bank

The World Bank/IFC released today the latest Doing Business 2011 study. The project launched in 2002, looks at domestic small…

#bank#insolvency#regulation


SMEs turn to a wider pool of funding options

Small and medium-sized businesses are using a wide variety of financing options to access finance, including credit from trading partners…

#bank#business finance#management


SAMA chief calls on improving conditions for SMEs

Muhammad Al-Jasser, governor of the Saudi Arabian Monetary Agency (SAMA), has emphasized the need for increasing the contribution of small…

#banks#GDP#international


Businesses fear loosing bank support

The coalition announced on Monday an extension of the government-backed loan guarantee scheme... (more…)

#bank#guarantees#regulation


SIBOS Targets Supply Chain Finance

Supply chain finance was one of the key areas of focus at the annual SIBOS banking conference, which took place…

#bank#conference#smes


BofA bankers will study SMEs from inside out

As part of its ongoing commitment to small businesses, Bank of America (BofA) plans to hire over 1,000 small business…

#bank#cash management#financial services


New debt collection portal is launched

A new partnership between the Aktiengesellschaft corporation factoring portal and the Universum Group, which focuses on collection and debt management,…

#debt collection#management#smes


Exim Bank receives US $150 million to support exports...

India could double the volume of its bilateral trade with Africa to $50 billion in 2012... (more…)

#bank#exporters#international


Tianjin SME exporters get free credit insurance

The Municipal Commerce Commission of the Tianjin Binhai New Area, has recently announced the commencement of a first full coverage...…

#credit reports#exporters#guarantees

Blend Financial plans IPO for expansion of factoring business

Mumbai-based Blend Financial Ltd., which primarily focuses on assisting and arranging funds for small and medium enterprises (SMEs) in the…

#Banca IFIS#bank#financial services

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