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The first ever SME policy was launched in Islamabad to spur economic growth with the aim of poverty reduction, job creation and entrepreneurialship. (more…)
#awards#conference#international
Banks may have to earmark 10% of their advances every year if the Reserve Bank of India endorses a proposal mooted by…
#bank#interest rates#SME lending
The Zambia Chamber of SME Business Association says there is need for the SADC summit to give attention to the Micro SMEs.…
#economy#smes
Korean bank lending rates for SMEs reached the highest level in over five years in June. (more…)
#bank#banks#bonds
State Bank of India has signed an accord to provide one-stop solutions to industries for clean development mechanism projects (more…)
#bank#guarantees#international
IDB has approved a US$50m loan for a micro SME credit access and competitiveness program. (more…)
#bank#interest#interest rate
Maybank and Mizuho aim to achieve a minimum of RM500m in loans from its receivables financing programme for the financial year ending…
#bank#receivables financing#smes
Venture Finance opens a new office in Canterbury and has appointed Tim Bourner as Business Development Manager. (more…)
#asset-based lender#bank#funding
The European Investment Fund will finance an account and an office in Romania to manage the EUR100m of the Jeremie…
#economy#financial institutions#guarantee
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 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
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
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