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BEA signs deal to sell EAGE joint-venture stake to...

Bank of East Asia Ltd confirmed Monday it signed an agreement to sell its 50% stake in a financial services joint venture to its partner. (more…)

#acquisition#bank#commercial finance

Khalifa Fund gives Dh40m to small firms

The Khalifa Fund for supporting SMEs announced that the total value of funding in the past six months reached Dh40m.…

#funding#smes


UK Skills shortages for SMEs

Sourcing skilled employees was one of the biggest challenges SMEs faced in 2007, according to research by Bibby Financial Services.…

#cash-flow#financial services#small business


Access to loans tougher for SMEs

Despite hopes for a better economy SMEs  in South Korea are having trouble getting hold of much needed funding. (more…)

#banks#funding#interest rates


Global Report: Factoring in Argentina 2007/2008

Veronica de Ana, Credit Manager Nacion Factoring S.A. gives the overview of factoring in Argentina for the forthcoming year. (more…)

#bank#international#management


OCBC Bank to sustain SME loan growth at 10%...

OCBC Bank (Malaysia) Bhd is optimistic of sustaining the loan growth of the bank's SME  segment at between 10% and 20%…

#bank#CIMB#guarantee


CGC targets SMEs for its latest credit guarantee scheme

Credit Guarantee Corp Malaysia Bhd (CGC) is targeting SMEs for its newly launched credit guarantee scheme Enhance-i. (more…)

#bank#guarantee#guarantee scheme


SIDBI arm to guarantee SME loans

The Credit Guarantee Trust Fund for Micro and Small enterprises (CGTMSE), and the Government of India, has offered to guarantee…

#bank#banks#guarantee


Development Fund supports 56 SMEs with Euro 6.4m

Montenegro's Development Fund has supported 56 investment projects of SMEs this year. (more…)

#investment#Jobs#smes


Bibby Financial Services enhances export finance offering with IFG...

Bibby Financial Services in the US and Canada has recently become a member of the International Factors Group (IFG). (more…)

#financial services#international#smes


Smaller firms fall behind large rivals in profitability

The disparity in profitability, financial stability and other key financial factors between SMEs and their larger counterparts has widened over the…

#bank#interest#smes


ICBC extends yuan2.58tn loans to SMEs

Industrial and Commercial Bank of China has extended yuan2.58tn of loans to SMEs, yuan585.7bn, which directly go to small enterprises.…

#bank#Bank of China#financial services

Greenfield Commercial Credit joins The Receivables Exchange

The Receivables Exchange has announced that Greenfield Commercial Credit has secured a Tier One Seat on the Exchange. (more…)

#bank#commercial finance#receivables financing

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