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Credit guarantors lacking guidelines

Credit guarantee associations nationwide provided credit guarantees for 138 loans worth 5.6 bn yen to small- and medium-sized companies (SMEs) excluded from the list of eligible borrowers for three years up to fiscal 2003, according to Board of Audit sources,...

#guarantee#guarantees#risk

Sidbi venture to launch new Rs500 crore fund for...

Sidbi Venture Capital Ltd (SVCL) plans to launch a new Rs500 crore venture capital fund to help small- and medium-…


Korea Exim Bank to sell its 10.2% stake in...

The Export-Import Bank of Korea (Ex-Im Bank) has unveiled plans to sell its 10.2 per cent stake in Industrial Bank…

#bank#Exim Bank


Long-term rates fall

Long-term interest rates have dropped sharply to the point where they are below short-term interest rates, causing investors to snap…

#bank#bonds#interest


Korea's Exim bank provides US$354m to Indian power project

For its first loan to the Indian power sector, Korea's Export-Import Bank will provide US$354m to state-run National Thermal Power…

#bank#Exim Bank#i


Reluctance hampers lending to Cebu SMEs

Reluctance on the part of both borrowers and lenders is hampering lending to small- and medium-enterprises (SME) in Cebu, a…


Capacity utilization of S.Korea's SMEs dips in August

South Korea's small-and medium-enterprises (SMEs) saw their operating rate inch down in August from July following a prolonged business slump,…


Banks expected to post record yearly net profit

South Korean banks will likely post a record high net income of more than 7trillion won (about US$6.1bn) this year…

#bad debts#bank#banks


Indian Sbi-Canara bank Jv begins operations in Moscow

The Commercial Bank of India LLC (CBI), a joint venture between public sector Canara Bank (BSE:CNBK) and State Bank of…

#bank#guarantees#SBI


New panel to address woes of exporters

Reserve Bank of India (RBI) has constituted a separate Sub-Committee under the State Level Bankers Committee (SLBC) called the Sub-Committee…


S Kumars to raise US$150m to repay rupee debt

S Kumars Nationwide Ltd (SKNL) is planning to repay its rupee debt by raising US$150m (close to Rs 700 crore…

#bank#cash-flow#guarantee


Financial regulators tighten grip

Regulators have strengthened the crackdown on unfair trading and irregular accounting after Yoon Jeung-hyun took office as chairman of the…

Government keeps tabs on SMEs’ financial woes

Minister of Finance and Economy Lee Hun-jai has ordered senior ministry officials to step up efforts to keep liquidity problems…

#bank#liquidity#smes

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