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Government loans to SMEs hit P11.8 billion

The government has announced that it has already released P11.8 billion worth of loans to the country's micro-, small- and medium-size enterprises (SMEs) in the first half of the year under its national lending programme. The SME Unified Lending Opportunities...

#bank#guarantee#small business

Bank lending to SMEs up 17.8% in 2002

Second Finance Minister Datuk Dr Jamaludin Jarjis said bank lending to small- and medium-scale enterprises (SMEs) increased by 17.8% last…

#bank#investment#risks


Vietcombank provides US$32 million for SME loans

The Viet Nam Foreign Bank (Vietcombank) has pledged about US$32 million in loans this year to help small- and medium-sized…

#bank#risks#SME loans


Prvi Faktor, a new name for LB Factors

LB Factors, factoring druћba, d.o.o. has changed its name to PRVI FAKTOR, faktoring druћba, d.o.o (meaning first factor) after Slovenska…

#AR#i#invoice


Deadline extended in the search for fastest-growing SME in...

The search to find Wales's fastest-growing small- and medium-size enterprises (SMEs), ranked by turnover, has been extended due to unprecedented…

#conference#forum#invoice


Government study says SMEs must get act together on...

Hungary is mostly ready for membership of the European Union (EU) in May next year, but government bureaucracy and a…

#conference#small businesses#smes


JSE names Investec as adviser on SMEs to list...

The JSE Securities Exchange South Africa (JSE) has announced that Investec Corporate Finance will be the first adviser to select…

#Investec#management#security


Desarrollo studies factoring acquisition

Chilean bank Banco del Desarrollo is considering the acquisition of a factoring agency aimed at complementing its services to the…

#bank#Credit Agricole#small businesses


IFCT has 12 weeks to develop bank plan –...

The Industrial Finance Corporation (IFCT) has been given three months to complete a study on ways to transform the special-purpose…

#bank#financial institution#management


World Bank approves US$225m for development of African SMEs

The World Bank Group has approved US$225 million for the growth and development of small- and medium-scale enterprises (SMEs). The…

#bank#international#management


SMEs need the umbrella of insurance

Despite accounting for 78% of non-agri employment, small- and medium-size enterprises (SMEs) contribute only 35% of annual gross domestic product…

#insolvency#management#risk


Secretariat of Tourism launches support for SME sector

With the backing of the Economy Secretariat, Nacional Financiera (Nafin) and the commercial banking sector, the Secretariat of Tourism (Sectur)…

#bank#economy#investments

UTI plans to focus on SMEs – HDFC enters...

With top corporates demanding low rates on loans and margins nowadays being wafer-thin, new generation UTI Bank is planning to…

#bank#financial institution#guarantees

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