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Banks backing SMEs hold session in Bp

The Network of European Financial Institutions for SMEs (NEFI) approved its program for next year at a session held in Budapest, the Hungarian Development Bank (MFB) said on Friday. NEFI was aimed at promoting an exchange of experience in financing small and medium-sized enterprises, and lobby EU decision-makers for increasing support to these companies. Over the past few years the network has compiled a series of studies on SME funding. (MTI)