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G-20 financing competition for SMEs
The G-20 and Ashoka's Changemakers, with support from the Rockefeller Foundation, invite solutions for public-private partnerships that catalyze finance for small and medium enterprises (SMEs) worldwide on a sustainable and scalable basis.
At the Pittsburgh Summit, the G-20 created the Financial In...
Small firms to boost hiring as confidence index rises
Many small businesses around the world, especially in Turkey and the Middle East, plan to boost investment and hiring, a survey shows, at a time when the global outlook is increasingly uncertain. An index of confidence at small and medium-sized enterprises (SMEs) in 21 markets rose to 118 in the se...
Most SMEs 'see growth in business'
A majority of small and medium enterprises (SMEs) in Qatar are expecting the pace of the general business environment, as measured by economic growth, to increase, HSBC has said in a report.While 62% ...
Bank Asia to channel more credit into SME
Bank Asia is looking to channel more credit into the country's small and medium enterprise sector as part of diversifying the bank's focus areas in the coming years - its Managing Director E...
Japanese Small Business Confidence Strengthens In July
Japanese small business confidence improved in July for the second straight month, a survey from Shoko Chukin Bank showed Wednesday.The indicator rose to 48.1 in July from 47.4 in June. A reading below 50 indicates pessimists outnumber optimists. The survey was conducted among 1,000 c...
Turkish bank eyes 1.5 million SMEs
Yapı Kredi, the Turkish bank co-owned by Italy's UniCredit SpA, aims to become a leader in small- and medium-size enterprise, or SME, banking.
Small- and medium-size enterprises’ share in bank loans rose to 25 percent from 8 percent within the past three years. The banks now aim to incre...
Russian government to double support for SME
Russian PM Vladimir Putin has promised a multibillion dollar cash injection into small and medium-sized businesses.
In addition to 10 billion roubles from this year’s federal budget, another 3 billion roubles will be allocated for supporting small and medium-sized innovative companies, 2 bill...