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New banking regulation harsh on India’s SME sector

THE Madurai District Tiny and Small Scale Industries Association (Maditssia) has called for evolving policy initiatives to redress the grievances of small-scale industries (SSI) and sustain the entrepreneurial spirit in India’s small and medium-sized enterprise sector. In a statement, Mr...

Banks lending even more to SMEs

Despite the sharp rise in the ratio of overdue loans outstanding at small- and medium-sized companies (SMEs) this year, domestic…


Banking reformer opens new commercial bank aimed at the...

Nippon Shinko - the first non-internet bank to be awarded a banking licence in Japan since 1954 - opened its…


New Export Insurance Corporation Boss

The government has announced the appointment of Kim Song-woong as head of the Korea Export Insurance Corporation (KEIC). Kim, incumbent…

#export credit insurance#exports#guarantees


Bank of Korea warns of increased financial risks for...

The Central Bank of Korea (BOK) on Monday predicted there could be a series of bankruptcies of small companies and…

#bank#exports#international


'Plans to slow down growth' leads to credit squeeze...

Signs that China is preparing to calm its breakneck economic growth are hitting stock markets across Asia. On Wednesday, Chinese…


World Bank loan for SME development

The World Bank will extend a US$200 million loan to Small Industries Development Bank of India (Sidibi) by September to…


'Securitisation viable tool’ for small finance companies

Securitisation is a viable funding method for small finance companies because their advances generally match banks' requirements towards priority sector…

#banks#funding#investment


Korea to become world’s 8th-largest exporter by 2010

Commerce-Industry-Energy Minister Lee Hee-beom has predicted that exports will more than double to $400 billion in 2010 from $193.8 billion…

#exporters#exports#international


Credit insurer urges caution over payment risks

Credit insurer Coface said payment default risk in China is still low but traders need to be cautious and selective…

#bad debts#credit risk#risk


First foreign bank to have branches in China approved...

Approval has been received from the China Banking Regulatory Commission for seven of the nine branches belonging to the Hongkong…


Credit anxiety looms for SMEs

Anxiety over credit problems in small- and medium-sized companies (SMEs) is increasing, as 67 per cent of loans to those…

#bank#banks#economy

SEAF to launch US$40 million India fund

US-based venture capital firm Small Enterprise Assistance Funds (SEAF) will make its debut in the Indian market with its SEAF…

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