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HSBC plans plunge into unsecured lending to SMEs

HSBC proposes to launch unsecured lending to small- and medium-sized enterprises (SMEs) by July this year. The foreign bank, which has just started to crawl into the SME lending space, will introduce a unique product for SMEs. “We are going...

#bank#bonds#receivables

Sidbi to cooperate with BoI, PNB for loan disbursals

The Small Industries Development Bank of India (Sidbi) is going to start with commercial banks on extending working capital loans…


ADB acquires stakes of China's leading private credit guarantee...

The Asian Development Bank (ADB) signed a contract Friday with a Chinese firm to become a minority shareholder in China's…

#ADB#bank#credit risk


More funds at SMEs doors

Expressing displeasure over scanty credit flow to small- and medium-sized enterprises (SMEs), the Government will set a target for SME…

#bank#banks#SIDBI


Atradius and Tokio Marine announce co-operation agreement for Japanese...

Atradius N.V. (Atradius) and The Tokio Marine & Nichido Fire Insurance Co., Ltd (TMNF) announced their intention to engage in…


Pakistan's Habib Bank gets US$20m credit from IDB

Habib Bank Ltd. and the Islamic Development Bank have signed an agreement by way of which IDB will offer a…

#bank#Islamic Development Bank#smes


Metro government's new lender to small firms starts up

The unique bank established by the Tokyo Metropolitan Government provides swift financing to cash-strapped small- and medium-sized enterprises (SMEs). The…


Bangladesh Bank fund for SMEs getting good response

Bangladesh Bank (BB) is receiving encouraging response both from financial institutions and donors to its small business refinancing fund introduced…

#bank#conference#small business


SFS establishes own leasing company in China

Siemens Financial Services (SFS) is expanding its financing business into the Chinese market. The company announced the launch of a…

#financial services#international#leasing


SME Bill plans to increase investment limit to Rs...

The government will raise the investment limit for small scale units from Rs 1 crore to Rs 5 crore in…


Commerce ministry urged to rejuvenate PEFGA

President Union of Small & Medium Enterprises (UNISAME) Zulfikar Thaver said the Ministry of Commerce should rejuvenate Pakistan Export Finance…

#exporters#guarantees#international


Basel II accord unlikely to curb S Korean lending...

A new international agreement on banks' capital adequacy is unlikely to sharply cut their lending to smaller companies, South Korea's…

#bank#banks#international

China EXIM Bank Dalian to provide loan to Liaoning...

The Dalian Branch of the Export-Import Bank of China (China EXIM Bank), the only export-orientated policy bank in China, will…

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