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SME

New government aims to promote SME development in UN...

The government promised on Thursday to put more focus on the development of small- and medium-sized enterprises (SMEs) in the country, given their contribution to domestic economic growth. As part of a worldwide campaign sponsored by the United Nations for...

#Asian Development Bank#bank#interest rates

World bank arm to build on existing SME development...

The International Finance Corporation (IFC), the private sector arm of the World Bank, has established a US$2.5m matching grant programme…

#bank#international#smes


SMEDC approves P300m SME funding

The Small and Medium Enterprise Development Council (SMEDC), the primary agency involved in the promotion, growth and development of the…

#funding#management#smes


German DEG and KfW in joint US$37m loan for...

The German investment and development organization Deutsche Investitions-und Entwicklungsgesellschaft mbH (DEG) and the German bank Kreditanstalt fur Wiederaufbau, (KfW) will…

#bank#investment#LIBOR


Banco Espanol de Credito targets 20% SME business revenue...

In a presentation of its full-year results to analysts, Banesto said it is targeting 45,000 new clients from the small-…

#bank#smes


Banex to boost SME financing 30% this year

Argentine bank Banco Banex expects to boost financing to SMEs by 30% this year to around 260m pesos (US$88.m) compared…

#bank#banks#SME financing


New credit insurance policy to bring in RM3m premium...

Hong Leong Assurance Bhd (HLA) expects its new export trade credit insurance policy to bring in some RM3m premium by…

#bank#exporters#international


BPI expects weaker year in Philippines; future aim to...

The year 2005 probably won’t be as good as last year for Philippine enterprises, especially with the rising interest rate…

#bank#interest rates#management


Unionbank signs Ђ5m credit line agreement to facilitate SME...

Bulgarian commercial bank Unionbank said it had signed a Ђ5.0m (US$6.6m) credit line agreement with the Black Sea Trade &…


BMO Bank of Montreal drops interest rates to prime...

Small business owners looking to finance their business opportunities can now borrow money at the prime interest rate, announced BMO…


Government to facilitate financing to SME sector

The Indian government has said it is in the process of developing a review mechanism to find out the number…

#banks


SME's continue to suffer slow payment pains

The so-called “British business disease” of slow payments seems to have become an epidemic in recent years, if the increasing…

Uralsib gets US$40m EBRD credit for SME lending

The European Bank for Reconstruction and Development (EBRD) has issued the bank Uralsib US$40m (Ђ31m) for its lending program for…

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