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The Pakistan Insurance Corp (PIC) administers an export-credit-guarantee scheme that deals with all exports not covered by letters of credit. The plan encourages exports by underwriting financial risks not covered by normal insurance guarantees, including pre-shipment risks; it pays 80%...
#bank#exporters#guarantees
The state-owned Industrial Bank of Korea (IBK) said yesterday that it will continue to increase lending to small- and medium-sized…
#bank#banks#economy
In a survey of 1,761 small- and medium-size enterprises (SMEs) nationwide by the Industrial Bank of Korea, 41.9 per cent…
#bank#cash-flow#financial services
The Hongkong and Shanghai Banking Corporation Limited (HSBC) has further expanded its network to 10 branches in major cities across…
#bank#banking services#financial services
Corporate bankruptcies in Japan fell in the six months to September for the third consecutive half-year, but rising oil prices…
China’s Ministry of Commerce (MoC) has set a target of at least US$40bn in agricultural exports by 2013 and no…
#bank#Bank of China#export credit insurance
Citibank Korea, formed through the US group's US$2.7bn takeover of Koram, is aiming to lift its share of South Korea's…
According to Aniqul Islam, chief executive of the DCD-JS Factors Limited: “At present about 20 per cent of Pakistan’s export…
Export Import Bank of Bangladesh Ltd (EXIM) will make debut on Chittagong Stock Exchange (CSE) tomorrow (Saturday). The bank has…
The Export-Import Bank of China (China Exim Bank) has pledged to expand buyer's credit to improve export support for Chinese…
#bank#exports#financial services
Commercial banks are facing a new dilemma. In a trend reversal, banks are facing a peculiar situation of falling deposit…
#bank#banks#interest rates
Korea's small- and medium-sized enterprises (SMEs) are a time bomb, which could shake the financial market due to surging overdue…
#bank#financial services#management
The Asian Development Bank (ADB) has agreed to take a minority stake in privately owned credit guarantee provider Credit Orienwise…
#ABN AMRO#ADB#Asian Development Bank