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SMEs

Bancoldex to offer new SME credit line, minister urges...

Colombia's export development bank Bancoldex will approve a new line of credit worth 1.5 trillion pesos (US$587m) for small- and medium-sized enterprises (SMEs), according to commerce minister Jorge Humberto Botero. The credit line is to be offered through local ‘first...

#bank#banks#smes

SIDBI to hike credit to Kerala SMEs

The Small Industries Development Bank of India (SIDBI) has adopted new instruments and avenues for deploying credit to the small-…


Industrial Bank of Korea vows to keep lending to...

The state-owned Industrial Bank of Korea (IBK) said yesterday that it will continue to increase lending to small- and medium-sized…

#bank#banks#economy


Saudi Credit Bureau database helps SMEs qualify for loans

The newly established Saudi Credit Bureau, the only one of its kind in the Middle East, has announced that its…

#bank#international#risk


Citibank Korea targets SMEs to increase its market share,...

Citibank Korea, formed through the US group's US$2.7bn takeover of Koram, is aiming to lift its share of South Korea's…


Sidbi venture to launch new Rs500 crore fund for...

Sidbi Venture Capital Ltd (SVCL) plans to launch a new Rs500 crore venture capital fund to help small- and medium-…


Dutch finance firm provides loans for Vietnam's SMEs

FMO Dutch finance company has signed a contract with Vietnam's Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) to finance…


IDB plans US$30m loan for local SMEs

The Islamic Development Bank (IDB) is to extend a US$30m loan to Indonesia's small and medium- sized enterprises through three…


Ample funds to help boost SMEs

The amount of loans given to small and medium enterprises (SMEs) for the first six months of 2004 annualised has…

#bank#banks#funding


SMEDAN seeks UNDP support for SMEs

Small and Medium Enterprises Development Agency (SMEDAN), has reached agreement with the United Nations Development Programme (UNDP), in Nigeria for…

#bank#smes


Abbey sets sights on the SMEs market

Abbey National plans a sustained attack on the market for banking services for small- and medium-sized enterprises after the completion…

#bank#management#small business


Reluctance hampers lending to Cebu SMEs

Reluctance on the part of both borrowers and lenders is hampering lending to small- and medium-enterprises (SME) in Cebu, a…

Banks lend US$3.9bn to SMEs, Jan-Jul

The banking sector channelled credits totalling Rp35.9 trillion (US$3.9bn) to small- and medium-enterprises (SMEs) in the January-July period this year,…

#bank#banks#GDP

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