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Atradius enters into reinsurance treaty

Atradius, the world's second largest credit insurer, has entered into a reinsurance treaty with New India Assurance. Under the terms of the treaty, Atradius will provide automatic reinsurance support to the Business Credit Shield cover provided to exporters and domestic...

RBI proposes uniform SSI lending target

The Reserve Bank of India (RBI) is examining a proposal for a uniform target in priority-sector lending for all domestic…


Overdue SME loans soaring

The number of overdue loans to small- and medium-sized enterprises (SMEs) jumped by nearly 50 per cent in the first…

#bank#credit risk#insolvency


New government enjoys economic windfall

The new Congress-led government in India under Manmohan Singh got a boost with exports surging up by almost 20 per…


Three-quarters of firms have no ratings, rely on bank...

Three out of four firms listed on the Korea Stock Exchange (KSE) had no credit ratings from domestic credit rating…

#bank#banks#insolvency


Two-thirds of small firms shut within 5 years

Approximately two-thirds of small- and medium-sized enterprises (SMEs) go out of business within five years, the Korea Credit Guarantee Fund…

#guarantee#investment#management


Banks slowing down loans to small firms

Banks are slowing down loans to small- and medium-sized enterprises (SMEs) this year. According to eight commercial banks, including Kookmin…


SIDBI focusing on direct finance for SSIs and SMEs

The creation of an exclusive fund for small- and medium-sized enterprises (SMEs) and the outsourcing opportunities available to small-scale industry…

#bank#interest rate#receivables


Low-priced scheme for financing exports welcomed

Mirza Ikhtiar Baig, the chairman of banking, credit and finance at the Federation of Pakistan Chambers of Commerce & Industry…


Reserve Bank of India interest rate decision

With political uncertainty still hovering over the country, the Reserve Bank of India (RBI) yesterday left the bank rate and…


SBP designs new loan scheme for SMEs

The State Bank of Pakistan (SBP) has designed a new long-term loaning scheme for small-and medium-sized enterprises to facilitate the…


Government support for export credit insurance to rise

China’s vice-minister of commerce Yu Guangzhou has revealed that the central government is considering offering increased support to export credit…

Chinese exporters urged to increase credit insurance cover

Chinese exporters of farm produce were urged today (May 12) to have their US$16bn worth of agricultural products covered by…

#export credit insurance#exporters#exports

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