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Industrial Bank of Korea, the nation's biggest lender to small companies, announced its plans to increase lending to these clients by won 7 tn (US$7bn) this year, amid a recovery in the economy. The bank's chief executive officer, Kang Kwon-seok,...
#bank#Boost#economy
The majority of South Korea's export-oriented small- and medium-sized enterprises (SMEs) are suffering from worsened profitability due to the Korean…
South Korean banks remained reluctant to make loans to small- and medium-sized enterprises (SMEs) in February despite emerging signs of…
Posco has decided to provide an array of support programs for small- and medium-sized enterprises (SMEs) this year to become…
Yes Bank plans to raise Rs 100-crore Tier II capital through redeemable convertible bonds. The managing director and chief executive…
Surecomp, a leading provider of trade finance, factoring and reconciliation solutions for the banking and financial market, announced the opening…
#AI#Hi#i
The Ministry of Economy, Trade and Industry plans to expand its loan guarantee programme for small- and medium-sized enterprise (SMEs)…
#guarantee#guarantees#smes
Small Industries Development Bank of India (SIDBI) today said it is in talks with 3-4 commercial banks for stake, so…
#bank#banks#liquidity
The government plans to invest 1 trillion won (US$998m) into fund of funds (FoFs) that will provide money to venture…
ShinGinko Tokyo Ltd., a bank set up by the Tokyo Metropolitan Government, will open for business on 1 April, said…
#bank#smes
In a move to bolster business with small- and medium-sized enterprises (SMEs), UFJ Bank plans to provide a total of…
#bank#bonds#smes
China is going to completely open its leasing industry to foreign investors in the near future, said the Ministry of…
#banks#management#regulation
The Korea Credit Bureau, an agency created by 11 Korean financial companies, was officially set up yesterday to help banks…