Coronavirus: Commission and European Investment Fund (part of EIB Group) unlock €8 billion in finance for 100,000 small and medium-sized businesses

April 6th, 2020 – The European Commission has unlocked €1 billion from the European Fund for Strategic Investments (EFSI) that will serve as a guarantee to the European Investment Fund (EIF), ...

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East Asia and Pacific: Countries Must Act Now to Mitigate Economic Shock of COVID-19

WASHINGTON- March 30th, 2020 – The virus that triggered a supply shock in China has now caused a global shock. Developing economies in East Asia and the Pacific (EAP), recovering from trade tens...

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Standard Bank, SAFT partner to provide relief for S/Africa SMEs

April 2th, 2020 – As part of a drive to provide palliatives for dying small businesses affected by the Covid-19 pandemic, a leading bank in South Africa, Standard Bank, is partnering with the So...

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European Commission announces blockchain defense grants

March 30th, 2020 – The European Commission has announced a new program of defense grants for blockchain concepts, in a bid to encourage development of new technologies for defense applications. ...

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Coronavirus and SMEs, message of WUSME President Gian Franco Terenzi

REPUBLIC OF SAN MARINO – March 30th, 2020 – I wish to send a message of support to entrepreneurs and all of those who are involved in small and medium-sized enterprises, in this time of cr...

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Natwest unveils £5bn coronavirus support package for small businesses

March 9th, 2020 – Natwest today said it will pledge £5bn of funding to support small and medium-sized businesses across the UK amid disruption caused by the coronavirus outbreak. The bank, whic...

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Commission approves Danish guarantee scheme for SMEs affected by #Coronavirus outbreak

March 24th, 2020 – The European Commission has found a DKK 1 billion (approx. €130 million) Danish guarantee scheme for small and medium-sized enterprises (SMEs) affected by coronavirus outbre...

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Bank launches $3 billion coronavirus fight in Africa

March 27th, 2020 – The African Development Bank (AfDB) has raised an exceptional $3 billion in a three-year bond to help alleviate the economic and social impact the Covid-19 (coronavirus) pande...

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63% of the SMEs in Europe prefer existing business account providers, reveals Revolut Business’ report

March 25th, 2020 – Revolut Business released the findings of its “2020 Vision: Taking a closer look at antiquated banking practices” report, based on a survey of 602 UK, French and Polish SM...

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Revolut research: 42% of SMEs are looking to change banks in the next 12 months

March 25th, 2020 – A paper published by Revolut, entitled “2020 Vision: Taking a closer look at antiquated business practices”, states that 42% of SMEs are looking to change banks in the nex...

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