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SFCs advised to consider new approaches to SME finance

The finance minister, P Chidambaram told press at the Andhra Pradesh State Financial Corporation (APSFC) that State finance corporations (SFCs) should consider new approaches for extending finance to small- and medium-sized enterprises (SME’s).  He said this should incorporate working closely...

#banks#GDP#smes

The development of Brazil’s export activity and the impact...

Brazil is a country full of business opportunity. The country has both vast natural resources and modern, competitive industries. During…

#exporters#exports#international


Rated SMEs receive interest rate concessions from Sidbi

Smera, the credit rating agency for small-and medium sized enterprises floated by the Small Industries Development Bank of India (Sidbi),…

#alternative financing#alternative funding#bank


EU initiative to cut SME red-tape and provide more...

On Thursday, the European Union outlined plans to boost small- and medium-sized businesses, claiming the sector... (more…)

#European Commission#funding#Jobs


BoB slashes lending rates for SME’s

In response to the UPA mandate of doubling credit flow to small firms, Bank of Baroda (BoB) has today announced...…

#bank#banks#funding


Businesses extend collection policies as SMEs suffer post Hurricane...

Experian released the results of a study on November 1st that showed that businesses in the Gulf States had as…

#Commercial Credit#management#receivables


RBI requests banks to adopt cluster approach to SME...

The Reserve Bank of India (RBI) has requested all public sector banks to adopt the cluster-based... (more…)

#bank#banks#risk


Australian debtor financing industry growing

A growing number of small businesses are using debt financing to plug holes in their cash flow, a new report...…

#cash-flow#invoice#security


Exim Bank and MIGA join forces to promote overseas...

The State-owned Export Import Bank of India (Exim Bank) and the Multilateral Investment Guarantee Agency (MIGA) have joined... (more…)

#bank#exports#guarantee


EXIM Bank of China to give more support to...

Liang Xiang, the Export and Import Bank (EXIM) governor's assistant told the Economic Daily that EXIM will offer more support…

#bank#Bank of China#guarantee


SMEs struggling to meet interest payments on outstanding debt...

According to the latest annual SME development survey organised by SPRING Singapore, nearly half of 10,000 small- and medium-sized enterprises…

#financial services#Funding Options#SME financing


EC offers funding to banks to support Vietnamese SMEs

The Small- and Medium-Sized Enterprises Development Fund Project (SMEDF) funded by the Vietnamese Government and the European Commission (EC) and...…

#bank#European Commission#financial services

Istrobanka receive Ђ10 million to support SMEs

The EBRD and the European Union are launching a new initiative to provide micro and small enterprises (MSEs) with... (more…)

#bank#European Commission#risk

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