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Global Trade targets SMEs with online loan access

Small- and medium-sized enterprises (SMEs) engaged in international trade will now find it easier to procure loans. Global Trade Finance - the non-bank financial company (NBFC) promoted by Export-Import (Exim) Bank of India (more…)

#bank#international#International Trade

CIT set to buy Barclays asset finance arm

US commercial finance firm CIT is expected to take ownership this week of the asset finance and leasing business of…

#CIT#commercial finance#leasing


FDA poll shows political change bringing uncertainty for Britain's...

Research commissioned by the Factors and Discounters Association (FDA) to examine the opinions held by managing and financial directors of…

#financial services#Funding Options#small business


Achef members seek to double factoring clients by year-end...

The members of Chile's bank factoring association Achef will seek to double their clients to 20,000 by year-end 2007 to…

#bank#bonds#risk


mBank Launches Enterprise Loans

Over five years after its founding, mBank - the retail arm of BRE Bank - has decided to enter the…

#bank#smes


EBRD acquires 25% in Cacanska Banka

As well as fuelling the bank's capital to reach out to more small- and medium-sized enterprises (SMEs) through a larger…

#bank#international#management


Santander Banespa reserves US$451m for SME lending in Q4

Brazil's fourth largest private sector bank Santander Banespa expects to lend 1bn reais (US$451m) to SMEs before the end of…

#bank#interest#interest rates


Al Tomooh finances 90 SMEs

Al Tomooh, the scheme set up to help support small- and medium-sized enterprises (SMEs) national businesses in the UAE, has…

#interest#Jobs#smes


New Eximbank head pledges support for small exporters

Small business is big business for the Eximbank of Korea. As the official export credit agency, the Eximbank strives to…

#bank#exporters#guarantees


Citigroup provides dedicated financial solutions for SMEs

Citigroup China launched its SME programme in 2004, one of the first SME-focused initiatives of its kind by a foreign…

#bank#cash management#international


Close Invoice Financing launches IDeal for SME users

Close Invoice Financing, a subsidiary of Close Brothers Group, has launched a new invoice financing system it says can work…

#financial services#invoice#Sage


Banco Nacion ups SME loans 93%

Argentina's largest bank, federally owned Banco Nacion, increased lending to SMEs 93% from December 2003 to June 2006, the bank…

#bank#crisis#economy

StanChart launches Express Trade loan facility

Standard Chartered Bank Malaysia Bhd (StanChart) has launched a new loan for small businesses and expects it to help drive…

#bank#conference#guarantees

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