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According to the Economy Minister Janos Koka, the micro-credit scheme must be made more popular and more easily accessible as 80% of Hungarian businesses are managed without a loan, while in developed countries this rate is only 15%-20%. (more…)
#conference#economy#security
Start Tokegarancia, a guarantor set of by the Hungarian Business Development Foundation and state-owned investment company Corvinus a year ago,…
#bank#funding#guarantee
The Chief Secretary, Mr J P Singh said that the Credit Guarantee Fund Trust for Small Industries (CGTSI), an undertaking…
#bank#guarantee#SME financing
The Australian Government has agreed to grant the Export Finance and Insurance Corporation (EFIC) additional powers to help Australia's small…
#exporters#financial services#guarantees
Finance Parliamentary Secretary Tonio Fenech has stressed the importance of small and medium enterprises (SMEs), saying that the government was…
#Access to Finance#financial services#funding
GSP Finance Company (Bangladesh) Limited has taken initiatives to go for IPO (initial public offering). They presently deal in factoring…
#Bangladesh bank#bank#financial institution
The factoring sector remains optimistic about its future and further developments are anticipated. However, the growth rate in volumes seen…
#bank#cash management#invoice
The MCA will set up a small- and medium-sized enterprises (SME) Financing and Resource Facilitating Centre to provide industry players…
#bank#conference#funding
The Asian Development Bank (ADB) is providing a US$100m credit guarantee to securitize the diversified payment rights (DPR) of Kazkommertsbank…
#ADB#bank#guarantees
The International Finance Corporation (IFC) has joined hands with six Sri Lankan private banks to educate SME owners on getting…
#bank#international#small business
Mexico's largest bank BBVA Bancomer is aiming for US$636m in new SME loans this year to expand its loan book…
#bank#IMF#risk
UK small and medium-sized enterprises continued to perform strongly in the first quarter of 2007 with the rate of growth…
#bank#Bank of England#inflation
SMEs are urged to start planning and protect their cash flows in the wake of a slowdown in the economy.…
#cash-flow#financial services#invoice