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SMEDA and Prime Bank to provide services to SMEs

The Small And Medium Size Enterprise Development Authority (SMEDA) and Prime Bank have agreed to provide complete business solutions including financing to SMEs. The decision was made in a meeting between, Mr. Zahid Aziz, CEO, SMEDA and Mr. Saeed Iqbal...

#bank#leadership#SME financing

IFB report “excellent results in difficult economic circumstances”

International Factors Belgium (IFB), has announced pre tax profits of Ђ6.7 million for the twelve months to 31 December 2002…

#Clear#international#management


Lack of financing causes 70% of SMEs to fold

Of all the small- and medium-sized enterprises (SMEs) that start operations in the domestic market 70% close down two years…

#bank#economy#Produce


Swiss Re and Deutsche Bank consortium to acquire 90%...

Swiss Re, Deutsche Bank, Sal. Oppenheim and Gerling have today (7 May 2003) signed a contract reorganising the ownership of…

#bank#Deutsche Bank#management


SIDBI to run $40m support fund for SMEs

THE Small Industries Development Bank of India (SIDBI) will shortly make available a $40 million support fund for small enterprises,…

#bank#guarantee#guarantee scheme


Budget should look to modify credit norms for SSIs

The forthcoming Budget should address the two main problems of the small-scale sector, namely, the high cost of funds and…

#bank#guarantee#securitisation


Oldest South-Western Factoring Company De-lists from American Stock Exchange...

KBK Capital Corporation, which provides business credit to middle-market companies, announced that, as of the close of business on September…

#bank#commercial finance#management


Verdict due on Central Bank’s Governor Over Allegations of...

The Central Jakarta District Court is scheduled to present its verdict on Bank Indonesia Governor Sjahril Sabirin on March 6.…

#bank#crisis#Paid

New Rules for Mutual Trust Funds Could Have Implications...

The Ministry of Finance announced on 1 August a set of draft rules governing the management of mutual trust funds,…

#bank#bonds#guarantee

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