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The State Bank of Pakistan (SBP) will pursue and educate commercial banks to extend loans to small- and medium-sized enterprises (SMEs) on a cash flow basis under the newly implemented Prudential Regulations for SMEs. Tawfiq A Hussain, deputy governor, SBP,...
#bank#cash-flow#SME lending
Atradius, a global leader in credit insurance and credit management, and The New India Assurance signed a new reinsurance treaty,…
Exporters in Karnataka with good track records can now expect minimum inspections and speedy clearances by the government for their…
A new equity fund has been set up to tap into growing investor interest in small- and medium-sized South Korean…
Signalling a long-term stability in its foreign investment policy, India has offered to bind itself to allowing 100 per cent…
#banks#financial services#reinsurance
Local banks are bracing for more trouble - namely defaults by small-and medium-sized companies (SMEs) - after getting burned by…
#bank#bankruptcy#banks
The Small Industries Development Bank of India (SIDBI) has decided to set up a ‘Growth Fund’ to provide risk capital/…
#bank#financial institution#risk
The Export Credit Guarantee Corporation of India (ECGC) and National Insurance Company Ltd have decided to unite to provide marine…
China's central bank said that further measures might be needed to slow credit growth after it tightened monetary policy by…
#bank#Bank of China#banks
The lengthy economic slump has led to growing overdue small- and medium-size companies (SME) loans. According to financial sources, the…
Shandong Zhucheng Foreign Trade Group Corporation (Zhucheng Foreign Trade), a leading poultry meat exporter, has received compensation of US$760,000 from…
Business start-ups that hire more than 10 employees will enjoy tax exemptions of up to 100 per cent over the…
#economy#interest rates#Jobs
The number of service businesses that defaulted on payments jumped last month. The Bank of Korea said yesterday that 401…
#bank