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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 Fortis will acquire 89.3% of Disbank's shares outstanding. Fortis will also make a public bid for the remaining 10.7% of...

#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


SZRB to provide guarantees on Tatra Banka SME loans

Slovak Guarantee And Development Bank (SZRB) is to provide guarantees on Tatra Banka small- and medium-sized enterprises (SMEs) loans up…

#bank#guarantees#risk


More funds at SMEs doors

Expressing displeasure over scanty credit flow to small- and medium-sized enterprises (SMEs), the Government will set a target for SME…

#bank#banks#SIDBI


Unicredit-Confindustria agreement fund allocation begins

On Monday the fund allocation for the innovations set by the UniCredit-Confindustria agreement will begin. The operative agreement worth Ђ1bn…

#bank#guarantees#international


Pakistan's Habib Bank gets US$20m credit from IDB

Habib Bank Ltd. and the Islamic Development Bank have signed an agreement by way of which IDB will offer a…

#bank#Islamic Development Bank#smes


Greece announces new financial supports to SMEs

Greek Development Minister Dimitris Sioufas launched a programme offering financial support to investment plans by small- and medium-sized enterprises (SMEs)…

#investment#smes#unemployment


HSBC eyes Rp450bn credit for small- and medium-sized enterprises...

HSBC Indonesia plans to increase its loans to small- and medium-sized enterprises (SMEs) to as much as Rp 450 billion…

#bank#management#smes


Bangladesh Bank fund for SMEs getting good response

Bangladesh Bank (BB) is receiving encouraging response both from financial institutions and donors to its small business refinancing fund introduced…

#bank#conference#small business

Commerce ministry urged to rejuvenate PEFGA

President Union of Small & Medium Enterprises (UNISAME) Zulfikar Thaver said the Ministry of Commerce should rejuvenate Pakistan Export Finance…

#exporters#guarantees#international

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