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SMEs

SACE returns to profit and announces new guarantee product...

In view of the uncertain prospects of the world economy, SACE, the Italian export-credit guarantee agency, plans to increase the number of guarantees given to Italian exporters. Last year, SACE returned to profit with Ђ10m. The agency plans to increase...

Federation of Malaysian Manufacturers lobbies banks for alternative collateral...

The Federation of Malaysian Manufacturers (FMM) has proposed that banks should offer alternative forms of collateral for small- and medium-sized…

#bank#guarantees#interest rates


Resona Bank in crisis – Regional economies and their...

The repercussions of Resona's partial nationalisation are likely to be felt throughout Japan's regional economies, where the bank had built…


President to seek US$95m from Washington to fund SMEs...

President Gloria Macapagal-Arroyo will ask Washington for US$95 million in technical and financial assistance to boost the growth of local…


Bank Negara sets up special unit to help SMEs

Bank Negara Malaysia has set up a special unit to help small- and medium-size enterprises (SMEs) obtain financing. The Small…


Government to give full support to SMEs for financing...

The Thai government has pledged the full weight of its support to the small- and medium-size enterprises (SMEs) to enable…


SMEs struggle to access bank loans, claiming banks are...

For the past year and a half, the hottest topic at conferences and seminars held by banks has been the…


Caribbean Financial Services Corporation to fund SMEs from Ђ8...

The Barbados-based Caribbean Financial Services Corporation (CFSC) has received funds of Ђ8 million from the European Investment Bank (EIB) to…

#bank#financial institutions#financial services


SMEs get fast-track loans that do not need collateral

New entrepreneurs can now qualify for loans of up to 500,000 baht within just seven days under a fast-track programme…

#bank#interest rates#small business


Syrian private sector SMEs to benefit from 25 million...

The Syrian Government has agreed to provide the European Investment Bank (EIB) with a guarantee for the loans the EIB…

#bank#banks#guarantee


IslamicDevelopment bank to finance SMEs

A business promotion delegation of the Islamic Development Bank (IDB) has agreed to finance projects in Bangladesh's high potential but…


Hungarian Development Bank to lend HUF 50 billion to...

The state-owned Hungarian Development Bank (MFB) plans loan programmes worth HUF 245 billion in 2003-2004, MFB CEO Janos Eros announced.…

#bank#guarantee#SME financing

European Commission redefines SMEs and micro enterprises

The European Commission (EU) has issued new definitions of micro enterprises and small- and medium-sized enterprises (SMEs) aimed at boosting…

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