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HUF 200bn in EU funding for Hungarian SMEs

Minister of Economy and Transportation Janos Koka said that Hungary will have access to HUF 1,500bn (EUR 5.92bn) in EU economic-development funding over the next few years, including HUF 200bn connected to the Jeremie programme, which is designed to provide...

#funding#GDP#liquidity

10 free credit limits offer marks IGF's 10th anniversary

IGF, a UK independent commercial finance company, have announced that businesses which sign up to its Bad Debt Protection service,…

#commercial finance#IGF#insolvency


Standard Chartered bank to extend credits to SMEs

Standard Chartered Bank will soon extend credits for the development of SMEs and help to familarize the public with the…

#bank#smes#Standard Chartered Bank


Accountants give SMEs best advice

The areas of business finance SMEs most expect accountants to be able to advise upon is invoice finance (68 per…

#bank#business finance#invoice


Greater financial transparency required for SMEs in Asia

Greater transparency and more independent financial information about SMEs would encourage a more efficient financing market for Asia's smaller companies…

#bank#management#regulation


FNB donates N$440 000 to SMEs

First National Bank donated N$440 000 to a local small- and medium-sized enterprise development organisation, SMEs Compete. (more…)

#Access to Finance#bank#management


Diamond Bank, Shell, GroFin float US$31m fund for SMEs

Diamond Bank Plc, Shell Petroleum Development Company and GroFin of South Africa, have concluded plans to float a US$31m [N4bn]…

#bank#economy#smes


Spanish official credit institute opens Ђ30m credit line for...

The Spanish official credit institute with a credit line of 30m and the government of the Balearics are developing a…

#smes


Unicredit and Valdify to finance SMEs

UniCredit Banca, the retail unit of Italian banking group UniCredit, and the credit guarantee consortium Valfidi signed an agreement for €7.0m…

#guarantee#innovation#smes


Cisco Capital, RZB launch SME financing program

Cisco Capital, a Cisco financial services company, and Raiffeisenbank (Bulgaria) signed an agreement for joint small- and medium-sized enterprises (SME)…

#financial services#funding#SME financing


CDB supports SME development

China Development Bank (CDB) will offer more loans to support the development of small- and medium-sized enterprises (SME) this year.…

#bank#guarantee#smes


Sweden to help regional SMEs

Sweden has partnered with the three East African countries of Uganda, Kenya and Tanzania to promote the growth of small-…

#interest#international#smes

State Bank seeks SME guarantee scheme

State Bank of Pakistan has asked the Small and Medium Enterprise Development Authority (SMEDA) to look into the possibility of…

#bank#cash-flow#international

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