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FNG leads to boost to SME lending

The Colombian loan guarantee fund Fondo Nacional de Garantнas (FNG) is playing a key role in boosting banks' lending to micro, small- and medium-sized enterprises (SMEs), Colombia's deputy minister of business development Carlos Alberto Zarruk told. "Lending to small businesses...

#bank#BBVA#international

Exim Bank loan disbursement up 64% in 2004-05

Loan disbursement by the Export Import Bank of India rose by 64 per cent to Rs 11,435 crore in 2004-05,…

#bank#bank loan#Exim Bank


Vietnam – Germany joint SME development project winds up

As many as 18,000 small- and medium-sized enterprises (SMEs) of Vietnam have benefited from a Vietnam-Germany project on SME development…

#international#Jobs#management


Gauteng launches SME portal and agency

The Gauteng Provincial Government has launched the Gauteng Enterprise Propeller (GEP), a small- and medium-sized enterprise (SME) agency and portal.…

#economy#funding#Propel


Bibby Financial Services helps businesses get moving

Bibby Financial Services, a global provider of business cash flow solutions, has launched a unique new trade services offering, providing…

#commercial finance#financial services#smes


Malaysia's bank for SMEs to start operations in October

A bank for small- and medium-sized enterprises (SMEs) will start operations in October Deputy Prime Minister Najib Abdul Razak said.…

#bank#banks#SME loans


Coface UK Receivables Finance has become the latest member...

Coface UK Receivables Finance, part of Coface UK, a leading provider of credit solutions for business, has become the latest…

#exporters#invoice#management


HSBC plans plunge into unsecured lending to SMEs

HSBC proposes to launch unsecured lending to small- and medium-sized enterprises (SMEs) by July this year. The foreign bank, which…

#bank#bonds#receivables


Fortis to acquire Turkey's seventh largest privately owned bank

Fortis and Disbank's majority shareholders - Dogan Group, Dogan family and two funds - yesterday signed an agreement by which…

#bank#international#management


Switzerland to provide US$100m in SME loans

The Swiss government signed a Memorandum of Understanding (MoU) with its Indonesian counterpart to facilitate access to credit for small-…

#bank#conference#international


ADB acquires stakes of China's leading private credit guarantee...

The Asian Development Bank (ADB) signed a contract Friday with a Chinese firm to become a minority shareholder in China's…

#ADB#bank#credit risk


Singapore govt, DBS to provide SGD 300m in loans...

Spring Singapore, International Exchange Singapore and DBS Bank have launched a government-backed financing scheme that will provide SGD 300m in…

#bank#DBS#DBS Bank

Kredittbanken ASA makes offer for FactoNor AS

The Icelandic bank Islandsbanki said on 11 April that its Norwegian subsidiary Kredittbanken ASA had made an offer for all…

#bank#smes

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