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South Korea to increase loans to SMEs in 2005

The South Korean government will increase direct loans to small- and medium-sized enterprises (SMEs) in 2005, as private lenders have been tending to avoid extending credit to those companies because of the sagging economy, officials said Sunday. High profile government...

#banks#economy#management

Government to facilitate financing to SME sector

The Indian government has said it is in the process of developing a review mechanism to find out the number…

#banks


RBI should fix SSI lending target for banks house...

The Parliamentary Committee on banking feels that the Reserve Bank of India (RBI) should fix targets for individual banks for…


IBK to lend 20 trillion won to SMEs

The Industrial Bank of Korea will lend 20 trillion won (US$19bn) to small- and medium-sized enterprises (SMEs) this year, up…

#bank#Boost#funding


FIM Bank acquires 38.5 per cent stake in GTF

First International Merchant (FIM) Bank has acquired 38.5 per cent stake in Global Trade Finance (GTF)-26 per cent of the…

#bank#global trade#international


ECGC credit to be slashed by 50 per cent...

Export Credit Guarantee Corporation of India (ECGC) has decided to reduce the eligible credit limit by 50 per cent or…

#bank#exporters#guarantee


Exim bank to boost lending and guarantees by 41%...

The Export-Import Bank of Korea, a state-run trade bank, said it will increase its lending by 41% to 24 trillion…


Introduce Basel II by 2007 – Financial Supervisory Service

The Financial Supervisory Service (FSS) said it will introduce the new Basel Accord, also known as Basel II, by 2007…


ADB agrees US$50m package for SME development

The Asian Development Bank (ADB) will support efforts of the government of Bangladesh to foster development of the country's small-…

#ADB#Asian Development Bank#bank


Governor advises bankers to invest in small businesses as...

Commercial banks are looking to lending to newer ventures under a fresh reform recipe of Bangladesh Bank, offering middle- and…


Korean loans to SMEs set to have grown at...

South Korean loans to small- and medium- sized enterprises (SMEs) are likely to have grown at a record low rate…

#bank#exports#smes


Gov't expands exchange risk insurance coverage for SMEs

The Ministry of Commerce, Industry and Energy announced that it will expand foreign exchange risk insurance coverage for small- and…

China's export credit insurance about to exceed US$13bn

The amount of export credit insurance China offers to its export and investment overseas is about to exceed US$13bn, 5.5…

#export credit insurance#exports#Paid

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