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Sidbi moots finance schemes for SMEs

Even though the government is making all efforts to boost credit flow to small- and medium-sized enterprises (SMEs), banks need to prepare special financial products and need-based financing schemes for them, says a recent study of the Small Industries Development...

Sinosure aids exports worth US$12bn

China Export and Credit Insurance Corporation (Sinosure), the country's sole export credit agency, has underwritten a total of US$12bn worth…


Sidbi's rating agency may face challenge

The Small Industries Development Bank of India's (Sidbi) proposed credit rating agency, exclusively catering to the the small- scale industry…

#bank#banks#SIDBI


Srei says Mint Road curb holding back US$100m ECB

Srei Infrastructure Finance Ltd, a project and infrastructure finance company, has sought the removal of the curb on accessing external…

#bank#banks#investment


Japan's Softbank investment, Credia to set up as trade...

Venture capital firm Softbank Investment Corp. has reached a basic agreement with consumer finance company Credia Co. to jointly set…


Bond issue proceeds destined to SMEs

Woori Bank, South Korea's second-biggest lender, has completed issuing US$166m worth of debts backed by a pool of low-grade corporate…

#ABN AMRO#bank#small business


S Korean bank loans to smaller firms plunge in...

South Korean bank lending to small-and medium-sized enterprises (SMEs) fell by the largest amount in over three years in November…


Exporters hit out at export refinance rate

Textile export of the country faces a problem of high export refinance rates at 5 per cent coupled with 13.1…


Citigroup in takeover to enter Korea’s NPL restructuring market

Citigroup Inc., the world's largest financial service company, said it has completed the acquisition of Lend Lease Korea Ltd., a…

#acquisition#bank#crisis


NBP advocates cashflow-based lending to finance SMEs, will increase...

The National Bank of Pakistan (NBP) has found great potential for the growth of the small-and medium-sized enterprise (SME) sector…


Rate hike hits export loans

Banks will charge 5 per cent maximum markup on export loans in December 2004. To May 2004 they were charging…


World Bank announces development loan to improve SMEs’ access...

The World Bank has approved a US$120m loan to support the development of India's small-and medium-sized enterprises (SMEs). The loan…

#bank#management#risk management

Joint Rs 500-cr SME fund announced

Small Industries Development Bank of India (Sidbi), Punjab National Bank (PNB) and Union Bank of India are coming together to…

#bank#banks#risk

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