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New SME credit guarantee fund planned

Southern economic hub Ho Chi Minh plans to set up a credit guarantee fund for small- and medium-sized enterprises (more…)

#guarantee#guarantees#Produce

VTB opens US$100 m credit limit for Mria Bank...

According to Mria Bank chairman Konstantin Vorushilin, Vneshtorgbank (VTB) is to open a $100m credit limit for Kyiv's Mria bank,…

#bank#SME lending#smes


Bibby appoints VP Business Development

Bibby Financial Services has announced the appointment of its new vice president of business development to be based in (more…)

#financial services#funding#smes


Credit guarantee agency battles “chain of debt”

State credit guarantee agency Hitelgarancia Zrt has signed an agreement regarding underwriting the companies' factoring funds for small- and medium-sized…

#bank#guarantee#smes


Banco de la Nacion to begin SME lending in...

Peru's BN expects to issue loans to SMEs and microenterprises currently not served by private banks and also enter the…

#bank#commercial lending#funding


BancoEstado aims for 4-5% market share in factoring by...

Chile's third largest bank, state-owned BancoEstado expects to achieve a 4-5% market share in the local factoring business by year-end,…

#bank#confirming#international


SMEs' development weakened by lack of credit

Company crediting by banks is still at a low level in Romania compared with other states in the region, which…

#bank#regulation#risk


Niche provider makes a case for the discounters –...

On the day SME Invoice Finance (SME IF) forecast a 50 per cent rise in pre-tax profits for 2005, sales…

#bank#business finance#invoice


Factoring in the Czech Republic – Jirн Matula, Transfinance

The Czech financial industry has changed significantly in recent years. Having suffered considerable losses due to their support of the…

#bank#bank loan#regulation


Thai Factor Association calls for legal framework for factoring...

The Thai Factor Association (TFA) has called on the Finance Ministry to establish a legal framework for the factoring business.…

#bank#interest rates#international


The cost of bad debt to UK firms soars

British Firms are writing-off tens of thousands of pounds every year in bad debt due to customers not paying their…

#Atradius#financial services#insolvency


Factoring volume to grow 25% in 2006 as more...

Chile's factoring industry will see business volume grow 25% this year due in part to new players entering the market…

#bank#Bank of America#banks

Medicinos Bankas gets EUR5m loan for micro loans to...

Bank Medicinos Bankas has signed a €5 m loan agreement under the EU Preparatory Action Programme with  (more…)

#bank#investment#small businesses

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