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South Africa's Industrial Development Corporation IDC) has secured a 60-million credit line from the European Investment Bank (EIB) to finance viable projects by small and medium enterprises in the industrial, resources and services sectors. (more…)
The Republic of Cyprus and the European Investment Fund have signed an agreement to support SMEs in Cyprus (more…)
The President of the European Investment Bank stated yesterday that: The EIB stands ready to contribute to the development of…
The EBRD and the UniCredit Group are joining forces to boost the flow of credits to SMEs across central and…
The Federation of Small Businesses (FSB) has endorsed a new credit information service for SMEs, saying it will help firms…
Smaller businesses are far more effective at managing risk, according to research from factoring and invoice discounting provider Close Invoice…
The Institute of Certified Public Accountants in Ireland has highlighted the extent of the difficulties facing newly established businesses stifled…
#bank#guarantees#interest rates
The World Bank approved an additional US$400 million financing loan to the Small Industries Development Bank of India. (more…)
#bank#funding#SIDBI
Bank Muamalat Malaysia Bhd and SME Bank recently signed an agreement to launch the Kafalah Scheme to provide SME customers…
#bank#banks#financial services
Bank of Thailand urges commercial banks to lend more to the business sector, particularly SMEs. (more…)
#bank#banks#economy
The government yesterday approved the Small Business Credit Guarantee Corporation (SBCG) to provide loan guarantees for small and medium-sized enterprises…
Seventy-five per cent of OCBC AL-Amin Bank's Islamic business is coming from SMEs in the downturn. (more…)
Liu Mingkang, China's banking regulator, explains that greater emphasis needs to be placed upon granting funding to Chinese SMEs. (more…)
#bank#forum#SME lending