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The Small Business Corp. (SB Corp.) has surpassed its full-year target of P1.6bn (US$28.9m) in terms of lending and guarantees in only 10 months, officials said. As of end-October, SB Corp. reported a total of P1.7bn (US$30.8m) or P100m (US$1.81m)...
The State Bank of India (SBI) has made credit to borrowers in the small-scale industries (SSI) and agriculture sectors cheaper…
With the nation's economic slump leaving a raft of companies behind on their debt payments, domestic banks are moving to…
#bank#financial services#guarantees
Corporate lending by local banks ballooned by 5.1 trillion won (US$4.3 billion) last month, as small- and mid-sized companies (SMEs)…
#bank#banks#smes
Second Finance Minister Datuk Dr Jamaludin Jarjis said bank lending to small- and medium-scale enterprises (SMEs) increased by 17.8% last…
#bank#investment#risks
Oriental Bank of Commerce (OBC) has reduced its interest rates and margins on advances to small-scale industries (SSI) sector. The…
Kookmin Bank, Korea's largest lender, lowered this year's target growth rates for corporate loans to less than 5 per cent,…
#bank#banks#leasing
CIT Small Business Lending, a subsidiary of CIT Group Inc., announced another major addition to the organisation. John Little was…
#banks#CIT#small business
Following the decision today to keep interest rates on hold the CBI is calling on the Bank of England to…
#bank#Bank of England#British business
Asset-backed financing of management buy-outs (MBOs) is set for a bumper year as small companies struggle to attract funding, while…
#bank#commercial finance#Deutsche Bank
CIT Small Business Lending (SBL) Corporation, a New Jersey-based subsidiary of CIT Group Inc., (NYSE: CIT), and the nation's number…
#bank#CIT#leadership
Asset-based lenders expect loan demand to remain strong in 2003, after a year that saw business surge as corporate borrowers…
#bank#commercial lending#management
Colombian bank Bancolombia (NYSE: CIB) loaned more than 15.3bn pesos (US$5.4mn) to some 5,000 small- and medium-sized enterprises (SMEs) in…