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Banks urged to assist SMEs and development

The Growing Businesses Foundation calls on banks to show more commitment to the development of the SMEs and the economy. (more…)

Banks are still open for new business

Research into the availability of business credit casts doubt on claims that banks have completely closed their doors on lending…


China's banks told to boost loans to SMEs

Chinese financial firms should make support for SMEs a priority in 2009, and ensure that loan growth to such firms…


Public sector banks told to extend credit to SMEs

The Indian government has told public sector banks to extend credit to fund-starved Indian SMEs (more…)


Banks to provide KRW700bn to SMEs

The country's major banks have reached an agreement to provide up to 700 billion Korean Won in fresh loans to cash-strapped SMEs…

#bank#banks#liquidity


Thai banks must do more for SMEs

Japanese researchers have urged the government and concerned parties to improve Thai financial institutions' credit-appraisal capacities for SMEs to improve…

#bank#interest rates#management


State and banks agree on SME loan guarantees

The state and commercial banks agreed on loan guarantees for small and medium-size enterprises (more…)

#bank#guarantee#guarantees


Banks pull the plug on a third of UK's...

Banks have withdrawn unused credit facilities from 34% of the UK s largest companies, starving them of liquidity, damaging revenues…

#bank#financial services#interest rates


PSU banks fear NPA rise as govt pushes for...

Voicing dissatisfaction over credit delivery by state-owned banks, the finance ministry has asked them to increaes lending to SMEs. However,…


Banks fear credit insurance woes will spread

Barclays and Royal Bank of Scotland yesterday said that the woes of the trade credit insurance industry were starting to…


Banks accused of being Scrooge-like as SMEs struggle to...

The Federation of Small Businesses accused banks of being 'Scrooge-like' as its poll of 5,000 members showed that 30 per cent had…


UK banks failing to support SMEs

According to official figures lending by major banks rose by almost £1bn in the third quarter, yet small firms are still…

Central banks slash interest rates

Central banks around the world have announced cuts in interest rates this week (more…)

#bank#banks#interest

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