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Aval gets next US$1.8m tranche under EBRD credit line

Kyiv-based Aval Bank has received the next US$1.8m tranche under the credit line of the European Bank for Reconstruction and Development for five years, the bank's press service reported citing Andrey Rozhok, the bank vice-governor and treasury's director. In his...

#bank#guarantees#management

Leasing sector fully open soon

China is going to completely open its leasing industry to foreign investors in the near future, said the Ministry of…

#banks#management#regulation


Davao traders to boost support for SMEs

Newly appointed Trade and Industry Secretary Juan Santos is eyeing a strong support system for small- and medium-sized enterprises (SMEs)…

#Boost#Marco Polo#smes


India and Italy set bilateral trade target of Ђ5bn...

India and Italy have set a bilateral trade target of Ђ5bn, which Commerce and Industry Minister Kamal Nath said, was…

#forum#investment#smes


Firms increasingly loom to Hong Kong for factoring

There are ten factoring companies in Hong Kong; they had a total turnover of Ђ3.25bn in 2003, according to Factors…

#bank#global trade#international


More Smidec loans, grants approved

Small and Medium Industries Development Corp (Smidec) has approved more loan and grant applications in the current 8th Malaysia Plan…

#international#International Trade#smes


Brunei SMEs call for improved access to financial facilities

Local small- and medium-sized enterprises (SMEs) have called for the setting up of a bank catering solely to their needs,…

#bank#banks#SAFE


PTA Bank, FMO sign K75bn trade finance agreement

The Eastern and Southern African Trade and Development Bank (PTA Bank) has signed a US$15m (about K75 billion) trade finance…

#ADB#African Development Bank#bank


Zoltбn Bodnбr appointed as a new CEO of Eximbank

Zoltбn Bodnбr is the new CEO of state-owned foreign trade financer Hungarian Export-Import Bank Rt (Eximbank). Istvбn Csillag, the former…

#bank#economy#trade


Innovation funding assistance for SMEs

Parliament has passed a new law creating a so-called National Capital Fund (KFK) that is to promote commercial innovation. The…

#financial services#funding#innovation


Natexis Factorem consolidates market share in competitive environment

The main change in Group (Natexis Banques Populaires) structure compared with 2003 is Coface's acquisition of ORT, the French subsidiary…

#financial services#information systems#international


Spring launches loan scheme tied to risk profile

Spring Singapore has launched a financing scheme that allows participating institutions to tailor the interest rates on loans to a…

#awards#interest rates#smes

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

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