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Government announces package to double bank credit for SMEs

Yesterday, the government announced a major package for doubling bank credit to small- and medium-sized companies (SMEs) to Rs 1,35,000 crore, from Rs 67,600 crore last fiscal year, in 5 years and reducing their debt burden.  The policy package, which...

#bank#banks#interest rates

Big package for small enterprises

Finance minister P Chidambaram announced a policy package for small- and medium-sized enterprises (SMEs) focusing on credit enhancement and debt…

#investment#smes#trade


Sampo Bankas gets EUR15m credit line to finance SMEs

Sampo Bankas, a part of the Finnish Sampo group, has signed an agreement with the European Investment Bank (EIB) (more…)

#bank#investment#smes


EBRD extends medium- to long-term financing t Banca Sociala...

Private small- and medium-sized enterprises (SMEs) across Moldova will gain greater access to finance following a €5 million loan from…

#bank#international#International Trade


Bank loan boom around the corner – NBP

The conditions for granting bank loans will gradually be eased, particularly with regard to small- and medium-sized enterprises (SMEs), according…

#bank#bank loan#banks


Forum to provide SMEs with finance and business strategy...

The Government is to establish an industry-driven forum to map out the best strategies for small- to medium-scale enterprises (SMEs)…

#bank#exports#financial services


Regional banks boosting unsecured loans to small businesses –...

Regional banks are sharply increasing unsecured lending to small- and medium-sized businesses (SMEs) in response to (more…)

#banks#interest#small businesses


IDB fund approves US$5m financing to promote factoring

The Inter-American Development Bank s (IDB s) Multilateral Investment Fund (MIF) is to provide lines of credit  to support a…

#bank#liquidity#risk


Foundation on track to hit US$25m annual SME loan...

The Albanian lending institution for small businesses, the Besa Foundation, intends to extend US$25 million (€20.7 million) in loans this…

#bank#international#small businesses


BCB to approve professional SME loans worth RM160m by...

Bumiputra-Commerce Bank (BCB) aims to approve loans worth RM160 million under its special SME loan package, Fast Track PRO Finance,…

#bank#conference#smes


Bank Indonesia discusses regional loan insurance to aid SMEs

Speaking yesterday at a workshop on small- and medium-sized enterprise banking, Bank Indonesia (BI) deputy governor for banking Siti C.…

#bank#guarantee#international


Banking regulator to promote loans to SMEs

China Banking Regulatory Commission (CBRC), the regulator of China's banking industry, will soon issue guidelines for banks to grant loans…

#bank#banks#smes

Government to provide subsidies on SME’s environmental project loans

The government is offering to subsidise some of the interest payments on loans small- and medium-sized enterprises (SMEs) take out…

#interest#investments#management

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