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In a major step forward for Bhutan’s financial sector, IFC, a member of the World Bank Group, has announced a US$20m (equivalent in Bhutanese Ngultrum) investment in Bank of Bhutan (BoB), the country’s oldest and largest bank. The five-year fixed-rate...
#bank of Buthan#IFC#micro and small enterprises
UK SMEs say specific Government initiatives designed to help them survive and grow don’t go far enough, according to new…
#BFS#Bibby Financial Services#Late Payments Review
Douglas Grant, CEO of Manx Financial Group, has written to the Chancellor calling for greater support for small and medium-sized…
#Access to Finance#Douglas Grant#Manx Financial
Luke Trayfoot (pictured), Global Head of Strategic Partnerships at YouLend, explores how strategic collaborations are reshaping access to finance for…
#embedded#Luke Trayfoot#SME lending
Sri Lanka has launched a comprehensive financial support program to revitalise the small and medium enterprise (SME) sector. According to…
#liquidity#Ministry of Finance#SME loan scheme
Industrial Bank of Korea (IBK) has signed a memorandum of understanding (MOU) with the Hungarian Development Bank (MFB) in Budapest…
#Hungarian Development Bank#Industrial Bank of Korea#investment
Bizcap, one of the fastest-growing alternative business lenders, has announced the expansion of its lending operations into Germany, marking a…
#alternative business lenders#BizCap#Cash flow
CRDB Bank, Tanzania’s largest commercial bank, has successfully raised a US$200m syndicated loan to expand financing for small and medium…
#CRBD Bank#Intesa Sanpaolo#Investec
Love Finance, one of the UK’s fastest-growing SME lenders and brokers, has secured £45m in its first debt financing arrangement,…
#LGB Capital Markets#Love Finance#Paragon Bank
The European Investment Bank (EIB) and the European Investment Fund (EIF) – jointly the EIB Group – have signed two…
#EIB#EIF#European Investment Bank
Allica Bank has opened a new London office near Old Street, marking the next phase of its expansion. The opening…
#Allica Bank#expansion#innovation
Saudi National Bank (SNB), the Kingdom’s largest financial institution, today announced plans to launch a first-of-its-kind Point-of-Sale (POS) lending solution…
#Geidea#Saudi National Bank#SME financing
Beehive, the Middle East’s pioneering digital SME lending platform, has signed a non-binding offer letter with Themar, a licensed crowdfunding…
#Beehive#SME financing#Themar