aws Has Expansion Plans

Business › n.a. ♦ Published: November 25, 2010; 18:21 ♦ (Vindobona)

The state-owned SME financing agency aws will double its fund volume to € 160 million, and extend its investments.

aws Has Expansion Plans / Picture: © AWS Mittelstandsfonds

The aws-mittelstandsfonds is facing rising borrowing costs under the new capital requirements for banks prescribed by the Basel-III rules. This means even more difficult access to loans for SMEs in future.

Overall, the combination of rising credit costs, low equity costs and the restrictive banking environment could mean a major growth inhibitor for the local economic…

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