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Banco Los Andes opens doors to micro and SMEs...

Former Bolivian mutual aid society Caja Los Andes officially began operations as a bank on 3 January, focusing its business on micro and small- and medium-sized enterprises (SMEs) financing. Los Andes has around 10 years experience offering financial services to...

#bank#financial services#small businesses

IBK to lend 20 trillion won to SMEs

The Industrial Bank of Korea will lend 20 trillion won (US$19bn) to small- and medium-sized enterprises (SMEs) this year, up…

#bank#Boost#funding


Small businesses reject chancellor

Despite prime minister Tony Blair's pledge to put small business at the top of the agenda at the last Labour…

#bank#cash-flow#conference


Krung Thai Bank aims to lend 40 billion baht...

State-owned Krung Thai Bank PCL (KTB.TH) plans to increase loans to small- and medium-sized enterprises (SMEs), by 40 billion baht…

#bank#SME loans#smes


Barclays signs deal with Enterprise Uganda to boost SMEs

Barclays Bank has signed a partnership with Enterprise Uganda, to boost small- and medium-sized enterprises (SMEs). The deal was signed…

#bank#Jobs#smes


State-run financing institution offers equity financing for SMEs

For entrepreneurs bent on making their businesses grow but are hobbled by resource constraints, outside funding can be a much-needed…

#international#management#smes


Raiffeisenbank gets Ђ10m credit line to fund SMEs

Raiffeisenbank Bulgaria received a Ђ10m credit line to finance the small- and medium-sized enterprises (SMEs). The funds are provided by…

#bank#investment#smes


EBRD opens US$20m credit line for Russia’s SMEs

The European Bank for Reconstruction and Development (EBRD) is opening Rosbank a credit line for US$20m for five years to…

#bank#banks#smes


ADB agrees US$50m package for SME development

The Asian Development Bank (ADB) will support efforts of the government of Bangladesh to foster development of the country's small-…

#ADB#Asian Development Bank#bank


Factoring and invoice financing boom as SME’s seek alternative...

Cash flow problems caused by late payment are the curse of small business, creating serious and sometimes terminal trouble for…

#bank#commercial finance#debt collection


Banca Transilvania gets Ђ32.5m for lending to SMEs

The European Bank for Reconstruction and Development (EBRD) is increasing its exposure to Banca Transilvania by a further Ђ7.5m, as…

#bank#international#Raiffeisen


Korean loans to SMEs set to have grown at...

South Korean loans to small- and medium- sized enterprises (SMEs) are likely to have grown at a record low rate…

#bank#exports#smes

SMEs to receive Ђ10m in extended financing programme

The London-based European Bank for Reconstruction and Development (EBRD) will extend its joint EU financing programme in Hungary by providing…

#bank#European Commission#leasing

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