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SME

Astra foundation to increase SME assistance

Astra International's Dharma Bhakti Astra Foundation (YDBA) will provide Rp20bn (US$2.3m) in technical assistance to small- and medium-sized enterprises (SMEs) in the handicraft and automotive and motorcycle sectors next year. Astra is the sole distributor of Toyota vehicles as well...

#3M#bank#international

SME sentiment indicator tumbles in November

The BPLG/AFP indicator of sentiment in the French small- and medium-sized business (SME) sector fell to 10 in November from…

#investments


New chairman for SME bank

The French state-controlled bank for SMEs has appointed as chairman, Jean-Pierre Denis, former head of Dalkier, a subsidiary of French…

#bank#management#SME bank


Minister re-defines SME turnover limit and hails mooted rise...

Moves to raise the audit threshold for small companies to Ј5.6m have been welcomed by the Secretary of State for…

#economy#small business#smes


Caisse d'Epargne begins integration of SME and operations including...

CNCE, the central bank that heads the Caisses d'Epargne network of French government-owned, not-for-profit savings banks, confirmed yesterday that it…

#bank#banks#international


SME bank HNS ups capital 24.3%

Niche bank Banco HNS has increased its capital base 24.3% to 13.4bn pesos (US$21.3m) following a capital injection of 2.63bn…

#3M#bank#smes


Late payment chokes SME cash flow

Bigger companies are now taking longer to pay creditors. "Since the introduction of the General Sales Tax (GST), corporate Australia…

#cash-flow#debt collection#late payment


Auditors urged to partner banks for successful SME loan-assessment...

The auditor community has been urged to partner local banks by providing them with a credible and consistent set of…

#conference#international#management


Galicia aims to boost SME clients by 40%

Argentine bank Galicia is aiming to boost its number of small-and medium-sized enterprise (SMEs) clients some 40% to 38,000 by…


SME loans soar in October

Outstanding corporate loans rose 2.6 trillion won in October, up from the 700 billion won rise in September, owing to…


EIB supports SME projects in Hungary, Romania and Slovenia

Representatives of European Investment Bank (EIB) approved a loan of Ђ100 million to support investment projects introduced by small- and…

#bank#innovation#investment


KfW lends 2.6 million euros to Ukrainian bank to...

Kreditanstalt fuer Wiederaufbau (KfW) of Germany has allocated a Ђ2.6 million loan to Ukreximbank, one of Ukraine's biggest banks, as…

SME credit demand to rise 25% next year

Driven by the government effort to promote new entrepreneurs and the continued growth of the economy, small- and medium-sized enterprises…

#alternative funding#bank#conference

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