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Banks

IFC extends further credit to Georgian banks

The International Finance Corporation has extended funding to another Georgian bank, this time Bank Republic, in its efforts to buoy up the country's economy. (more…)

Businesses forced to abandon the banks

Research reveals significant increases in credit refusal, driving business owners to seek out alternative funding options. (more…)


EIB extending 350 million euros to Irish banks and...

The European Investment Bank (EIB) is finalising agreements to extend three new generation EIB loans for SMEs in Ireland (more…)

#bank#funding#small businesses


Polish banks receive World Bank loans to extend to...

Polish bank PKO BP to borrow $500 million from the World Bank. (more…)

#bank#banks#ING


Turkmen banks to receive EBRD loans

The EBRD is considering credit lines to Joint Stock Commercial Bank Senagat (SB) and State Commercial Bank Turkmenbashy (TB) to…

#bank#banks#funding


Government guarantees not being extended by banks

Worrying statistics reveal that nine out of ten SMEs say banks have not extended government backed loans to them, despite…


President Basescu tells businesses to turn to the banks

The Romanian President expressed his confidence in the country's banking system and is encouraging local business to turn to banks…

#bank#banks#crisis


Banks shunned by SMEs as they to turn to...

Treasury figures indicate that demand for loans from the state-supported Kenya Industrial Estates (KIE) rose dramatically in 2008.  (more…)

#bank#banks#smes


Accountants say banks need to be patient

The Institute of Chartered Accountants in England and Wales has appealed to banks to continue extending overdrafts and to help restore confidence…


Banks promise loans for struggling SMEs

In an effort to aid the ailing SME sector, New Zealand banks are promising to extend less restrictive loans to…


'Bullying' banks undermining business

Banks in the UK accused of moving the goalposts and bullying tactics by businesses who have seen loans and overdrafts…

#bank#forum#insolvency


AfDB follows EIB lead and extends funding to local...

The AfDB extends loan to Nigerian bank indicating growing confidence in the country's financial sector. (more…)

#ADB#African Development Bank#bank

SMEs turning to families as confidence in banks evaporates

A survey of UK SMEs has revealed many are turning to friends and family to make-up for shortfalls in bank…

#bank#business finance#invoice

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