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SME-loan guarantor introduces guarantees on leasing, factoring contracts

Hitelgarancia, a majority state-owned guarantor of loans to small- and medium-sized enterprises (SMEs), had retained earnings of (more…)

#guarantees#leasing#smes

SME ratings yet to catch on, say bankers

CRISIL has tied up with seven banks and SMERA has tied up with 14, so far,  to extend ratings to…

#bank#banks#interest


Sidbi shifts to direct SME lending boosts growth

The move has been encouraged by a significant growth in its direct financing business. We shifted our focus from refinancing…

#bank#financial institution#guarantee


Size no longer matters for invoice discounting

Sasfin Bank has launched an innovative invoice discounting facility aimed particularly at small- to medium-sized businesses (SMEs) (more…)

#bank#invoice#management


Factoring in the UAE – Vijay Vashist, Emirates Bank

Vijay Vashist, head of factoring services at Emirates Bank , says factoring in the UAE has a rosy future despite…

#bank#international#management


Government to use PHARE funds for SME loans

The Lithuanian Government has resolved to allocate the remaining LTL 29m from the PHARE assistance programmes (more…)

#banks#financial services#SME loans


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

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