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DEG grants Banco Improsa US$10m credit line

German development bank DEG has granted a US$10m credit line to Costa Rican bank Banco Improsa. The credit line will help finance operations by Costa RicanSMEs. (more…)

#bank#smes

Union Bank plans new financing schemes for SMEs

The Group Managing Director of Union Bank of Nigeria Plc (UBN), Mr Barth Ebong, has said that the bank has…

#bank#management#SME financing


Bibby Financial Services made a shrewd factoring move

Bibby Financial Services (BFS) now operating in 10 countries and employing about 750 people was only created as a by-product…

#bank#financial services#invoice


The precise art of reaching out to China's SMEs

SMEs will soon represent two-thirds of China's gross domestic product, and three-quarters of its GDP growth: nobody can overlook them any…

#banks#economy#GDP


BBVA shooting for top 4 in factoring business

The Chilean unit of Spain's BBVA plans to become one of the financial system's top four players in the factoring…

#bank#BBVA#investment


Monitoring of loans to increase

The local financial authority will strengthen monitoring for loans to SMEs. (more…)

#bank#banks#risk


HSBC sets sights on SME sector

HSBC Bank Malaysia Bhd is on track to capture about 8% of SME business by early 2009. (more…)

#bank#international#management


SME Bank to grant Bt31.5 bn loans this year

SME Bank aims to grant loans of Bt31.5bn this year, up from Bt20bn last year. Due to the economic slowdown, commercial…

#bank#exports#smes


UC Factors to offer local banks affiliate and partnership...

UC Factors is currently establishing affiliate partnerships and referral programs with local banks to help meet the funding needs of…

#bank#cash-flow#funding


MNC, local banks eye stake in Global Trade Finance

Several MNC and Indian banks are looking at picking up stake in Mumbai-based factoring company Global Trade Finance (GTF). (more…)

#bank#exports#financial services


SME credit gets dearer

With non-banking financial companies (NBFCs) finding it difficult to raise funds, they have been forced to hike up lending rates…

#bank#DBS#interest rates


SMEs shown how to grow at the Ideal Business...

Entrepreneurs, owners and decision-makers in small and medium sized businesses will be offered a series of inspirational and practical seminars…

#MAN#small business#smes

BNDES boosts lending to SMEs by 20%

Brazil's national development bank BNDES handed out reais57.7bn (US$30.4bn) in loans in the 12 months to end-May, up 26% on…

#bank#financial institutions#smes

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