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Government loans to encourage Indonesian SMEs

Working hand-in-hand with the four state banks: Bank Mandiri, Bank Negara Indonesia (BNI), Bank Rakyat Indonesia (BRI) and Bank Tabungan Negara (BTN), the government has made changes to its scheme for supporting small businesses. Under the new scheme the small-...

#bank#banks#interest rate

SMEDC approves P300m SME funding

The Small and Medium Enterprise Development Council (SMEDC), the primary agency involved in the promotion, growth and development of the…

#funding#management#smes


German DEG and KfW in joint US$37m loan for...

The German investment and development organization Deutsche Investitions-und Entwicklungsgesellschaft mbH (DEG) and the German bank Kreditanstalt fur Wiederaufbau, (KfW) will…

#bank#investment#LIBOR


China's SMEs expect strong growth this year – Asia...

As many as 88% of China's small- and medium-sized enterprises (SMEs) believe the economy will grow strongly in 2005, according…

#economy#smes#WHO


US$120m credit boost to Indian SMEs

The World Bank extended US$120 million in assistance to India to help boost credit to small companies on Friday. The…

#bank#guarantee#risk


Banco Espanol de Credito targets 20% SME business revenue...

In a presentation of its full-year results to analysts, Banesto said it is targeting 45,000 new clients from the small-…

#bank#smes


Banex to boost SME financing 30% this year

Argentine bank Banco Banex expects to boost financing to SMEs by 30% this year to around 260m pesos (US$88.m) compared…

#bank#banks#SME financing


EU to Support SMEs in Poland

The EU Programme for Promotion of Entrepreneurship (PfE) will enable thousands of Poles to set up their own businesses. They…

#poland#smes


Business Angels’ investment in SMEs set to rise

By the end of January 2005 "business angels" - wealthy people who typically invest between Ј10,000 and Ј250,000 in unquoted…

#compliance#financial services#risks


Agrobanco to lend US$25m this year; focus on SMEs...

Peruvian agriculture development bank Agrobanco aims to place some 80m nuevo soles (US$24.5m) in direct loans in 2005, local press…

#bank#smes


Loans to SMEs in South Korea fall in December...

Loans to small- and medium-sized companies (SMEs) posted a record decline last month, as lenders were reluctant to extend loans…

#bank#SME loans#smes


Cabinet considers huge aid package for SMEs affected by...

The cabinet will today consider a multi-billion baht financial assistance package to help people and businesses affected by the 26…

#bank#guarantee#smes

Minister for Small Business and Enterprise launches no-nonsense guides...

Two comprehensive new guides designed to help small and growing firms improve their chances of raising the right funding for…

#bank#business finance#invoice

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