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Maybank aims to give out RM500m via receivables loans

Maybank and Mizuho aim to achieve a minimum of RM500m in loans from its receivables financing programme for the financial year ending June 30, 2008. (more…)

#bank#receivables financing#smes

Venture Finance expands network, makes new appointment

Venture Finance opens a new office in Canterbury and has appointed Tim Bourner as Business Development Manager. (more…)

#asset-based lender#bank#funding


SMEs to get EUR100m from Jeremie programme

The European Investment Fund will finance an account and an office in Romania to manage the EUR100m of the Jeremie…

#economy#financial institutions#guarantee


World Bank funds for Kenyan SMEs remain unutilised

Seventy per cent of the Sh1.25bn World Bank loans extended to Kenya for the development of the MSME's remains unutilised. (more…)

#bank#management#smes


Abbey partners OB10 in innovative corporate supply chain finance...

Abbey leverages Santander's technology and experience in reverse factoring to enable suppliers to be paid quickly at a lower financial cost than…

#invoice#smes#supplier payments


EU opens in-depth probe into Hungarian export-credit scheme

The European Commission said it has opened an in-depth probe into a planned scheme providing export credit guarantees to Hungarian SMEs…

#bank#guarantee#guarantees


IEA and Euler Hermes joint credit insurance initiative

The Irish Exporters Association has launched a new guide to export credit insurance together with a new online simplified insurance initiative…

#bad debts#exporters#exports


New stock market for SMEs to be launched

The Gelisen Isletmeler Piyasasi, the new emerging enterprise stock market, will be launched in Turkey in 2008. (more…)

#bank#international#risk


Bank of Korea chief concerned about SME borrowings

The governor of the Bank of Korea is concerned that the increased lending to SMEs is helping fuel the bubble in stock and…

#bank#bonds#liquidity


Standard Chartered launches SME Express Trade in UAE

Standard Chartered has taken another step in its aim to increase services to SMEs with the introduction of its new financial…

#bank#international#International Trade


DnB Nord to focus on leasing and factoring operations...

DnB Nord has prepared its development strategy through to 2009, which assumes a merger with BISE and indicates the direction…

#bank#banks#channel


Plantersbank offers financing to SMEs at Cebu IT park

SME's helped by Planters Development Bank investment in a 40-hectare industrial park in Naga town.  (more…)

#bank#exporters#investment

HSBC opens flagship SME and International Banking Centre

HSBC has officially opened its flagship SME Centre and its first commercial banking International Banking Centre (IBC) in Hong Kong.…

#bank#cash management#international

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