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Banks set up 110 billion won fund to aid...

According to the Korean bank, Woori Bank and US investment bank Merrill Lynch will jointly establish a private equity fund to support small- and medium-sized businesses (SMEs) financially. Woori Bank will invest 100 billion won ($87 million) in the fund...

#bank#banks#management

Manufacturers’ confidence falls to 12-month low

A number of producers still predict the economic slowdown will continue with pessimism growing among small- and medium-sized enterprises (SMEs),…

#bank#economy#exporters


Factoring to help overcome working capital crunch

Because arranging short-term finance remains a matter of concern for small- and medium-size enterprises (SMEs), the central bank yesterday suggested…


In an interview with a leading factor, legal framework...

While foreign banks eye `factoring' as the future finance product for India, corporates operating in this space for the last…


First large non-recourse factoring deal for StanChart

Standard Chartered Bank has concluded a factoring deal worth $25m for Bharat Forge Ltd, a castings and forgings supplier based…

#bank#capital requirements#credit risk


Small firms' confidence worsening

The business confidence of small companies is expected to continue to fall thoughout September, according to a report by the…

#exports#small business#small businesses


Bank of Communications ratings outlook raised

Standard & Poor's (S&P) Ratings Services has revised the outlook on its 'BB' long-term foreign currency counter-party credit rating on…

#acquisition#asset management#bank


China Exim taps the market for extra $250m

The Export-Import Bank of China (China Exim) increased its month-old 2014 dollar bond issue to $1bn yesterday by tapping the…


SME credit ceiling of National Bank raised

The State Bank of Pakistan (SBP) has raised small- and medium-sized enterprises (SMEs) credit ceiling of state-controlled National Bank of…

#bank#international#management


Seek factoring to fund your working capital, says expert

If Bangladesh wants to attain steady growth in its SME sectors, it should urgently introduce a new financial service like…


Banks urged to support SMEs by loosening loan controls

China’s commercial banks have been urged to accelerate loan support to private sector when tightening lending policies to cool down…

#bank#bank loan#interest rates


Credit insurer launches Beijing office

Coface, a world leader in credit insurance and also a credit management service provider, opened its Beijing office yesterday to…

#bank#management#payment terms

Regulator warns of rise in bad loans, SMEs particularly...

South Korea's financial regulator has warned that bad loans at local banks may rise again after a fall in the…

#bad debts#bank#First Bank

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