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SME banks avoid ban on new branches

The central bank's policy-making Monetary Board has approved a proposal to lift the moratorium on new bank branches provided that these will cater mainly to small- and medium-sized enterprises (SMEs). Alberto V. Reyes, Bangko Sentral ng Pilipinas deputy governor for...

#bank#regulation#SME lending

Shenzhen SME-listed company in fraud scandal

Jiangsu Qionghua, one of the first group of companies listed on China's newly-established board for small- and medium-sized enterprises (SMEs)…

#management#risk#smes


Market leader in sales of SBA loans to SMEs

Bridge Bank, a market leader among independent banks in sales of the US Small Business Administration (SBA) loans in Northern…

#bank#cash management#management


Export loans to SMEs up 99%

Loans from Colombia's state-owned export development bank Bancoldex to micro-, small- and medium-sized enterprises grew 99% to 407bn pesos (US$153.4mn)…

#bank#smes#trade


NORD/LB to release EUR10m in SME lending

Bank NORD/LB Latvia and European Investment Bank (EIB) have signed an agreement on credit facility of Ђ10m. The funds will…

#bank#Nord/LB#SME lending


EBRD to increase investments in banking sector to fund...

The European Bank for Reconstruction and Development (EBRD) plans to increase its investments in Kyrgyzstan's banking sector by buying into…

#bank#banks#financial institutions


Mizuho Bank to offer securitisation of receivables to SMEs

Mizuho Bank, part of the Mizuho Financial Group, will launch a comprehensive securitisation service for midsize companies, aiming to increase…

#bank#receivables#securitisation


Government discusses ways to boost SME bank loans

Government agencies met at the central bank last week to discuss ways to spur banking lending to SMEs, which remains…

#bank#liquidity#SME lending


Welsh SMEs urged to tap into Ј1.2m funds

Funding for small- and medium-sized businesses is being launched on Anglesey. The Ј1.2m Business Development Fund (BDF) aims to strengthen…

#funding#i#investment


Alpha Bank reports 34pc increase in factoring

Alpha Bank, the Greek finance group and owner of the country’s largest factor – ABC Factors – has reported a…

#bank#smes


SME cash flow crisis – banks told to give...

The Financial Supervisory Commission (FSC) has this week pressed financial institutions not to aggressively retrieve loans extended to small- and…

#banks#cash-flow#economic recovery


Government to spend US$80m to aid SMEs

The Korean government yesterday unveiled a set of measures aimed at bolstering the competitiveness of small- and midsize enterprises (SMEs)…

#economic recovery#guarantee#liquidity

Business outlook improving – Ecostat

Large companies were a little more cautious about their economic outlook in June, but SMEs remained optimistic, according to a…

#economic outlook#exports#inflation

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