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Industrial Bank of Korea leads export factoring market

In South Korea, factoring arrangements are essentially corporate credit facilities based on trade bills, accounts receivable and consumer credits. International factoring is also available for exporters, a market in which the Industrial Bank of Korea is the leading lender. Business...

#bank#exporters#international

Bangladesh Bank to finance the ‘missing middle’ SMEs

The Bangladesh Bank has initiated a programme involving 1 billion taka (US$17.2 million) to promote small- and medium-sized enterprises (SMEs),…

#Bangladesh bank#bank#small businesses


PICIC provides Rs300m to entrepreneurs

Pakistan Industrial Credit and Investment Corporation (PICIC) has so far disbursed Rs 300 million among small entrepreneurs under small business…

#bank#business finance#capital requirements


Zurich signs insurance agreement with SINOSURE

Zurich's Emerging Markets Solutions group, the political risk and trade credit insurance unit of Zurich, has signed a memorandum of…


SMEs facing financial crisis

These days small- and medium-sized businesses (SMEs) are undergoing a financial crisis worse than that of 1997. While large companies…

#bank#cash-flow#Paid


SME financing, a wake-up call to bankers – Institute...

The development of small- and medium-sized enterprises (SMEs) has been on the official agenda since 1959, but only an estimated…


Funds to boost SMEs

Industry experts have observed that foreign venture capital (VC) worth US$1.5-2.0 bn (Rs 10,000 crore) from Sidbi's SSI Fund will…

#bank#Boost#forum


BoM to pick up IFC's 10% stake in Global...

Bank of Maharashtra says that it is interested in picking up International Finance Corporation's (IFC) 10% stake in Global Trade…

#bank#Exim Bank#global trade


Indicator of small-business financial health worsens in Q1

The ratio of overdue bank loans owed by South Korea's small- and medium-sized businesses (SMEs) rose 0.7 percentage point to…


KSFC loans touch Rs 301 crore; plans to focus...

The Karnataka State Financial Corporation (KSFC) assisted 1,300 new enterprises from various sectors during 2003-04, according to the managing director…


MFI-bank loan syndication needed for SME growth

Lack of access to credit is the main problem facing SMEs that provide over 87 per cent of total industrial…


Standard Chartered launches international receivables finance and signs credit...

China Export & Credit Insurance Corp (Sinosure) has signed a landmark deal with Standard Chartered Bank (SCB) to jointly offer…

#bank#exporters#international

UNISAME champions factoring

The Union of Small & Medium Enterprises (UNISAME) has drawn the attention of bankers to the fact that most SMEs’…

#bank#banks#cash-flow

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