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Lack of access to credit impedes SMEs growth

Bangladesh Bank (BB) Governor Fakhruddin Ahmed has said lack of access to credit is considered one of the most serious impediments to the growth of the small-scale industry sector, which is vital for employment generation in the country. "The main...

Individual investment abroad tops US$300m in 9 months

Overseas direct investment by South Korean individuals surpassed the US$300m mark for the first nine months of the year, hitting…


India and Germany look at SME synergies

With Indian companies queuing up to set up base in Europe, several government agencies are doing their bit to attract…

#conference#forum#innovation


Credit rating for small firms units likely to be...

To boost credit flow to the small-scale sector, the government is likely to introduce a credit rating scheme for small-scale…


Central bank guidelines for consumer & SME financing

The Bangladesh Bank (BB) has issued prudential guidelines for consumer financing and small enterprise financing to protect the interest of…


RBI steps in to improve credit flow to SSIs

According to the World Intellectual Property Organisation (WIPO) small- and medium- sized enterprises (SMEs) are the driving force behind a…

#bank#exports#SME financing


Overseas investment backed with favoured loans

Despite the central bank's recent hike in interest rates, Chinese companies will continue to enjoy low-interest loans when they invest…

#bank#Bank of China#exports


Small business fund created

The state-run Small Business Corp. will establish a 20 billion won (US$17.9m) fund to help create jobs for small- and…

#Jobs#small business#smes


SBI Factors aiming for 20% quarter-on-quarter growth and to...

State Bank of India (SBI) formed its factoring company, SBI Factors (SBIF) in collaboration with UBI and SIDBI in 1991.…

#bank#capital requirements#receivables


KDB to extend won 4.8 trillion in new loans

State-run Korea Development Bank (KDB) on Wednesday announced plans to provide 3 trillion won to small-and medium-sized enterprises (SMEs). In…

#bank#banks#smes


Karnataka bank announces record profit – SMEs lending is...

Karnataka Bank has posted a record profit of Rs133.17 crore in 2003-2004. The Bank has continued to focus on lending…

#bank#banks#insurance


Chamber speaks out on credit facilities for SSIs

The Tamil Nadu Chamber of Commerce and Industry, while appreciating the Reserve Bank of India's (RBI) firm decision against a…

New joint venture to offer unsecured loans

Chuo Mitsui Trust and Banking Co. and Nissin Co. agreed to form a joint venture focusing on loans for smaller…

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