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Caja Madrid targets SMEs

Leading Spanish savings bank Caja Madrid yesterday revealed details of an aggressive plan to increase its client base for small- and medium-sized enterprises (SMEs), those with annual turnover of between Ђ1m and Ђ150m. The savings bank will begin to offer...

#bank#smes#Two

Corporate failures lowest in 15 years

A total of 260 small- and medium-sized enterprises (SMEs) nationwide went bankrupt in February, the lowest level in 15 years,…

#bank#Bill#smes


Chinas automatic licensing system affect SMEs in steel sector

Nearly a thousand small- and medium-sized private steel enterprises that have just gone out of the macro-control shade in 2004…

#international#Produce#smes


Credit line to boost lending for Georgian SMEs

The Bank of Georgia has signed a US$4.5m credit guarantee agreement with KfW, the German development bank. According to the…

#bank#guarantee#international


Small firms to get Sh4bn credit from World Bank

An estimated 22,000 small- and medium- sized enterprises (SMEs) in Kenya will benefit from Sh4bn credit from the World Bank.…

#bank#international#management


Banks bad loan ratio falls

Commercial banks have reduced bad loan ratios as they strengthened credit analyses and cut loans to borrowers with low credit…

#bank#banks#economy


Canadian agency grants Pearl 2 project funds to Philippines...

The Canadian International Development Agency (CIDA) will grant P9.5 million (US$175,000) to the Philippines to promote small- and medium-sized enterprises…

#exporters#funding#international


State Bank approves financing for export oriented projects

Qasim Nawaz, joint director of State Bank of Pakistan said the modalities of long term financing for export-oriented projects at…

#bank#exports#smes


Indonesia banks to offer 60.4 trillion rupiah in new...

Bank Indonesia said the banking system is committed to providing this year new loans of 60.4 trillion rupiah to small-…

#bank#banks#crisis


Venture Finance launches new service for SMEs

Today, Venture Finance becomes the first asset-based lender to launch an automatic additional finance facility for its invoice finance clients.…

#asset-based lender#cash-flow#Funding Options


Japan government to expand loan guarantee programme for SMEs

The Ministry of Economy, Trade and Industry plans to expand its loan guarantee programme for small- and medium-sized enterprise (SMEs)…

#guarantee#guarantees#smes


Australia's National Bank expects SME lending to top US$7.91bn

The National Australia Bank Ltd expects its new lending to small- and medium-sized enterprises (SMEs) and large businesses to exceed…

#bank#funding#SME lending

SIDBI planning to acquire stake in commercial banks

Small Industries Development Bank of India (SIDBI) today said it is in talks with 3-4 commercial banks for stake, so…

#bank#banks#liquidity

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