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Finance for small and medium enterprises in times of fi nancial crisis

May 2009 - Corporate & Commercial. Legal Developments by SIBETH .

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Since the collapse of Lehman Brothers in September 2008, the global fi nancial crisis has intensifi ed dramatically and grown to become a world-wide economic crisis. The conventional fi nance and banking system has imploded and is experiencing a “melt-down”, and it is uncertain how it is going to end.

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