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Measures to cool economy further restrict SME funding sources...

The Chinese government's measures to cool the economy have further restricted the already limited financing channels for small- and medium-sized enterprises (SMEs), forcing them to seek loans from non-banking sources at rates as high as 45%, according to a report...

ECGC mulls trade credit insurance launch for home

After insuring the receivables of India’s exporters in the global market, the state-run Export Credit Guarantee Corporation (ECGC) is planning…

#bank#exporters#exports


A third of companies unable to pay interest on...

Despite aggressive corporate restructuring efforts since the financial crisis, nearly three in 10 domestic firms were still unable to pay…


Bank sees domestic factoring potential following stake increase in...

Exim Bank of India will raise its stake in Global Trade Finance (GTF) from 35 per cent to 40 per…

#bank#exporters#global trade


Dishman closes receivables-backed securitisation programme

Dishman Pharmaceuticals and Chemicals on June 22, 2004, announced closure of its estimated $22 million debt issue programme. This issue…

#debt facility#funding#receivables


Regulator to gradually ease listing requirements for SMEs

China will gradually relax listing requirements for small and medium-sized enterprises on the new Shenzhen second board to provide more…


One-stop shop factor posts 31pc hike in net profit

Canara Bank, the Indian finance house which provides overdraft finance, factoring, and mortgages, has posted a 31.3 per cent increase…

#bank#banks


Help for SMEs mooted by trade body

The Confederation of Indian Industry (CII) plans to set up four industrial clusters for small- and medium-sized enterprises (SMEs) with…


SME’s export worth declines

Taiwan’s small and medium-sized enterprises (SMEs) have experienced a continuous annual decline in both export value and export ratio in…


Legislation for factoring services urged

SBI Factors and Commercial Services Pvt Ltd has called for a separate legislation for factoring services. At present a factoring…


Export-Import Bank of China opens new branch

The Export-Import Bank of China (China Exim Bank) established a branch in Qingdao in East China's Shandong Province on Friday.…

#bank#Bank of China#economy


Exim Bank names lead managers for Euro bonds sale

The Export-Import Bank of India has appointed Citigroup and Deutsche Bank to sell its five-year bonds in the overseas market.…

#bank#bonds#Deutsche Bank

Cases of suspected money laundering rise

The number of cases of suspected money laundering reported by financial service companies increased sharply this year, the Korea Financial…

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