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Government amendment increases nominees on RBI board

The government has amended its laws to have a bigger say in the decision making of the Reserve Bank of India (RBI) by having two members on the central bank s board as compared to one now. (more…)

#bank#Factoring bill#factoring regulation

Ministries give SMEs preferential policies in government procurement plan

The Chinese government has created preferential procurement policies for SMEs to boost their development, according to a recent government statement.…

#banks#exports#Jobs


ISME: Government should force banks to comply with ECB...

In welcoming the European Central Bank's (ECB) decision to reduce interest rates by a further 0.25 per cent, the Irish…


Gauteng provincial government to pay more promptly

Suppliers and service providers doing business with the government of Gauteng, one of the nine provinces of South Africa, may…

#funding#invoice#management


Government opts out of European account preservation orders

The government has decided that the United Kingdom will not opt into the European Commission's proposed regulation to establish the…

#bank#European Commission#receivables


Government to create state export credit agency

The Ukrainian government has established a draft law to create its own export credit agency (ECA). (more…)


ABFA appoint new head of government affairs

The Asset Based Finance Association (ABFA) has announced that Matthew Davies has joined the Association in the new role of…


Government proposes new rules to save SMEs millions in...

More than 100,000 small businesses could save in excess of £600 million a year in accountancy and administration costs under…

#guarantee#innovation#international


Government to set-up RM 2bn 2012 SME fund

A shariah-compliant SME financing fund totalling RM 2 billion will be established next year, according to Malaysian prime minister Datuk…


SCF capacity to be improved as part of government...

The Ghanaian government is launching a scheme to ensure price stability and affordable financing for farmers. (more…)

#international#risks#supply chain finance


Government plans interest subsidy for SMEs

The Indian government is considering an interest subvention scheme which, for the first time, could enable the SME industry to…

#banks#exporters#interest rate


Panamanian Government gives $9.6 million to MSMEs in past...

Since its launch in 2008, the Trust Fund for the Financing of Competitiveness has provided US $9.6 million worth of…

#bank#exports#financial services

Peruvian government to allocate EUR 1.5m for business start-ups

The Minister of Production confirmed the dates of Factoring Act coming into force as he has launched the Guarantee Program…

#factoring act#financial institutions#funding

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