SME News
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2020-04-13
SMEs slate government for being selective in support
LAHORE: The Small and Medium Enterprises (SMEs) have hit out at the PTI-led government for ignoring the small industry and facilitating the five export-oriented sectors alone amid Covid-19 situation across the country. “We are observing very...
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2020-04-13
SMEs urge govt to relax industries implementing social distancing protocols
KARACHI: The Union of Small and Medium Enterprises (UNISAME) has appreciated the timely positive steps of the State Bank of Pakistan (SBP), saying it will resolve the financial crunch of SMEs, as well as commercial and corporate sectors. The assoc...
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2020-04-13
Bank of us joins government’s COVID-19 loan scheme
Tasmanian financial institution Bank of us has joined a group of eligible lenders under the federal government's coronavirus SME Guarantee Scheme. Under the $40 billion scheme, the government will provide a 50 per cent guarantee of unsecured l...
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2020-04-10
Swiss leading the way on emergency coronavirus loans for SMEs
While nations around the world have promised financial support to small and medium-sized enterprises (SMEs) struggling due to the coronavirus crisis, banks' performance in terms of providing such support has been mixed. Among the top performer...
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2020-04-10
Covid-19: EC approves 500M leva Bulgarian guarantee scheme to support SMEs
The European Commission has approved a Bulgarian 500 million leva (about 255 million euro) public guarantee scheme to support small and medium-sized enterprises (SMEs) in the context of the coronavirus outbreak, the Commission said. The scheme was...