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EBRD approves $100m support for Kazakh economy

The EBRD has approved two loans worth a total $100 million to support lending to the Kazakh economy via credits to SMEs (more…)

#bank#crisis#funding

EBRD supports Kyrgyz economy with $20m credit for MSME...

The EBRD's Board of Directors has approved a credit line of US$20 million to support the Kyrgyz economy via credits…

#bank#exports#international


Strong first quarter for Garanti

Garanti Factoring succeeded in increasing its first quarter earnings by 39%, with net profits reaching 2.5 million TL for 2009.…

#smes


SMEs struggling with lack of credit

The Institute of Certified Public Accountants in Ireland has highlighted the extent of the difficulties facing newly established businesses stifled…

#bank#guarantees#interest rates


Kvantum Faktor receives 80% state loan guarantee

The government will provide a state guarantee for 80% of the principal amount of a HUF 6 billion loan to…

#banks#guarantee#smes


ICBC expands SME outlets

The Industrial and Commercial Bank of China (ICBC) has opened 569 outlets in China that specialize in serving small and…

#bank#Bank of China#management


World Bank approves further funding to SMEs

The World Bank approved an additional US$400 million financing loan to the Small Industries Development Bank of India. (more…)

#bank#funding#SIDBI


ABL rise key to record quarter for Davenham

Davenham has shaken-off some of the gloom gripping the financial sector after unveiling a record three months of transactions for…

#funding#invoice#smes


Sharia financing scheme extended to SMEs

Bank Muamalat Malaysia Bhd and SME Bank recently signed an agreement to launch the Kafalah Scheme to provide SME customers…

#bank#banks#financial services


Central Bank urges banks to lend to SMEs

Bank of Thailand urges commercial banks to lend more to the business sector, particularly SMEs. (more…)

#bank#banks#economy


SME-focused banks to be established

Specialist banks should be set up to finance small and medium enterprises (SMEs), say experts. (more…)

#bank#forum#guarantees


Corporate loan defaults drive delinquencies

The sharp rise in non-performing assets (NPAs) will be led by defaults in corporate loans with the downturn in the…

#bank#funding#international

China placing greater emphasis on SMEs

Liu Mingkang, China's banking regulator, explains that greater emphasis needs to be placed upon granting funding to Chinese SMEs. (more…)

#bank#forum#SME lending

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