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Chinese e-commerce giant Alibaba.com, backed by eight of the country's largest banks, plans to help small domestic companies hit by the economic slowdown to secure more than 6 billion yuan in financing. (more…)
The EBRD is considering providing EUR 20 million senior loans to each of Deniz Bank (DB) and Garanti Bank (GB)…
The government will provide a state guarantee for 80% of the principal amount of a HUF 6 billion loan to…
#banks#guarantee#smes
The government yesterday approved the Small Business Credit Guarantee Corporation (SBCG) to provide loan guarantees for small and medium-sized enterprises…
The sharp rise in non-performing assets (NPAs) will be led by defaults in corporate loans with the downturn in the…
#bank#funding#international
The International Finance Corporation (IFC) has finished preparations for expansion of financing for Azerbaijan's AGBank. (more…)
The state government and banks have been asked to simplify loan conditions for small medium enterprises (SME) entrepreneurs to assist…
The government is speeding up the implementation of an economic stimulus package, including a 1-year suspension of loan recoveries as…
The Nordic Investment Bank and the Latvian state-owned Latvijas Hipoteku un zemes banka have signed a new agreement for a…
#bank#financial institution#recession
Standard Chartered Bank to reduce disbursal of unsecured loans to small and medium enterprises (SMEs), after witnessing a rise of…
Finance Ministry investigating factoring services that have made unfair profits by taking advantage of the ongoing global financial crisis. (more…)
#bank#crisis
Ugandan SMEs have not exploited a loan developed by the European Investment Bank due to a lack of information about how to…
#bank#banks#insurance
CBI suggests that banks concentrate upon alternative channels of funding. (more…)
#bank#Bank of England#interest rates