Tuesday, June 12, 2007

Paulson eyes loan boost to L. America small firms

(Reuters) - Paulson said the plan provides support to banks that are
willing to commit to ambitious targets for small business
lending and aims to reduce regulatory obstacles such as such as
excessive collateral and capital requirements.




Paulson said the United States was committed to
replenishing the Inter-American Development Bank's Multilateral
Investment Fund, and working with the fund to provide $50
million over five years to develop new lending models geared
towards small firms.


Read more at Reuters.com Bonds News

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