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The Karnataka State Financial Corporation (KSFC) assisted 1,300 new enterprises from various sectors during 2003-04, according to the managing director of KSFC, Mr V. Umesh. During 2003-04, the corporation sanctioned loans to the tune of Rs 301.56 crore. The net...
Small businesses in South Australia are the least optimistic of all states on the outlook for the national economy, a…
#debt finance#interest rates#small business
Lack of access to credit is the main problem facing SMEs that provide over 87 per cent of total industrial…
The State Bank of Pakistan (SBP) will pursue and educate commercial banks to extend loans to small- and medium-sized enterprises…
#bank#cash-flow#SME lending
A new equity fund has been set up to tap into growing investor interest in small- and medium-sized South Korean…
Local banks are bracing for more trouble - namely defaults by small-and medium-sized companies (SMEs) - after getting burned by…
#bank#bankruptcy#banks
The Small Industries Development Bank of India (SIDBI) has decided to set up a ‘Growth Fund’ to provide risk capital/…
#bank#financial institution#risk
Austria's Oberbank will be the first bank to enter the Czech market after the country joins the European Union. The…
#bank#First Bank#smes
EU ministers have unveiled a new multi-billion euro scheme to help small firms finance research programmes. The 'DETECT-it' project, unveiled…
More than 540,000 small businesses, for the first time, will be forced to provide redundancy pay to sacked workers in…
#3M#insolvencies#Paid
Raiffeisen Bank Polska, the Polish subsidiary of the Austrian bank, used 2003 as a chance to build out its business…
#bank#management#Raiffeisen
Atradius, a global leader in credit insurance and credit management, has warned of the dangers faced by suppliers of companies…
#Atradius#international#management
Chilean bank Banco del Desarrollo is planning to up its total loan portfolio 7% this year. The bank will see…
#bank#commercial lending#Credit Agricole