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Official warns of bad loans to SMEs

The Office of State Minister of State Enterprises has indicated massive amounts of bad loans channelled last year by state banks to small- and medium-sized enterprises (SMEs) under the business partnership programme. (more…)

#bank#banks#small businesses

Policymakers seek IFC’s advice on SMEs

The International Finance Corporation, the private sector arm of the World Bank Group, released the results of a survey entitled…

#bank#international#small business


Black Sea Trade and Development Bank gears up for...

The Business Day, a business conference associated with the Annual Meeting of the Board of Governors, will gather high-ranking officials…

#bank#conference#guarantees


Small firms to receive less public assistance

The central government announced it will scale back its financial aid to small- and medium-sized companies (SMEs) here, signalling a…

#funding#guarantee#guarantees


Manufacturing expansion sees rising demand for financing

Expansion of the manufacturing and related sectors will continue to see an increasing demand for business financing, said International Trade…

#financial institutions#international#International Trade


South Korean banks to adopt electronic letters of credit

South Korean banks agreed to participate in local electronic letter of credit services from July to help small- and mid-size…

#bank#international#International Trade


SIDBI plans rating agency for SME sector

Small Industries Development Bank of India (SIDBI) is planning to set up a credit rating agency for the small- and…

#bank#conference#international


Securitisation Act pushed to help SME funding

There is a need to make non-cash assets more productive by converting these into securities to create new funds through…

#financial institutions#funding#receivables


Germany to ink US$20m loan pact to help SMEs

The Philippine government is embarking on a US$20 million loan agreement with the government of Germany this year in a…

#international#smes#trade


SMEs to get special fund in budget

The government has decided to introduce a new programme in the budget for 2005-06 to offer a special funding for…

#exports#funding#GDP


The Institute of Economic Affairs’ 4th Annual Conference

Leading policy think-tank, The Institute of Economic Affairs, is holding its 4th Annual conference on Business Banking and Financial Services…

#commercial finance#conference#financial services


SMEs should get tough with late payers, says Bibby

Small businesses should apply tougher measures to help them overcome problems with late payment, says Bibby Financial Services.  According to…

#bank#Bank of England#invoice

Low interest rates are forcing banks to lend more...

Low interest rates are forcing banks to lend more to consumers and small businesses. The turnaround in the banking sector…

#bank#financial services#interest rates

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