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SMEs

Michelin supporting SMEs

The Hungarian units of Europe's biggest tyre maker, Michelin, has started up the Economical Development Kht fund with the aim of helping small- and medium-sized enterprises (SMEs) and job creation. The company itself is providing 250 new places in Nyнregyhбza...

Credit line to boost lending for Georgian SMEs

The Bank of Georgia has signed a US$4.5m credit guarantee agreement with KfW, the German development bank. According to the…

#bank#guarantee#international


Canadian agency grants Pearl 2 project funds to Philippines...

The Canadian International Development Agency (CIDA) will grant P9.5 million (US$175,000) to the Philippines to promote small- and medium-sized enterprises…

#exporters#funding#international


Indonesia banks to offer 60.4 trillion rupiah in new...

Bank Indonesia said the banking system is committed to providing this year new loans of 60.4 trillion rupiah to small-…

#bank#banks#crisis


‘Most S Korean export-oriented SMEs suffer from strong Won’...

The majority of South Korea's export-oriented small- and medium-sized enterprises (SMEs) are suffering from worsened profitability due to the Korean…


Venture Finance launches new service for SMEs

Today, Venture Finance becomes the first asset-based lender to launch an automatic additional finance facility for its invoice finance clients.…

#asset-based lender#cash-flow#Funding Options


Banks remain reluctant to lend to SMEs – Bank...

South Korean banks remained reluctant to make loans to small- and medium-sized enterprises (SMEs) in February despite emerging signs of…


Santos urges SMEs to go into exports

Trade and Industry Secretary Juan B. Santos has urged small- and medium-sized enterprises (SMEs) to maximize their business potential by…


Yes Bank to raise Rs100cr capital for SMEs business

Yes Bank plans to raise Rs 100-crore Tier II capital through redeemable convertible bonds. The managing director and chief executive…


Empowered SMEs to benefit from new policies

Small- and medium-sized enterprises (SME's) with strong empowerment credentials are set to benefit by an estimated R280m a year in…


Japan government to expand loan guarantee programme for SMEs

The Ministry of Economy, Trade and Industry plans to expand its loan guarantee programme for small- and medium-sized enterprise (SMEs)…

#guarantee#guarantees#smes


Indonesia's bank Danamon to offer 52% more credit this...

PT Bank Danamon Indonesia will disburse Rp15 trillion (US$1.66m) in new credits this year or a 52 per cent increase…

Improved credit register to provide more data about SMEs

The Czech National Bank (CNB) and the Czech Statistical Office (CSU) are teaming up to develop a new monitoring system…

#bank#banks#i

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