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The governor of the People's Bank of China, Zhou Xiaochuan, said interest rate ranges for loans should be expanded to improve private business' access to lending. "Steadily promoting the marketisation (sic) of interest rates is highly significant...an important measure to...
Public sector banks have finalised the formula for arriving at the new benchmark prime lending rate (PLR) as prescribed by…
#bank#banks#risk
Government support and rapid economic growth offer "unprecedented" scope for small- and medium- sized enterprises (SMEs) to develop in China,…
#exports#forum#GDP
Export Credit Guarantee Corporation of India Ltd (ECGC) has paid seven large value guarantee claims totalling Rs31.10 crore due to…
A year ago, the banks were given tough new powers to foreclose on the assets of bad debtors under new…
After a report quoted the loan rejection rate for China’s small- to medium-sized enterprises (SMEs) as 56 per cent, Ou…
#bank#Boost#funding
The First Micro Finance Bank of Afghanistan, one of the first commercial banks in the post-conflict country, will help would-be…
#bank#banks#small business
The average export growth of around 10 per cent during the April-October period augurs well despite the hardening of the…
Despite growth numbers that would be phenomenal in a country like the United States or Japan, China's retail sales are…
#economy#exports#investment
The Export Credit Guarantee Corporation (ECGC) has signed a Memorandum of Understanding (MoU) with Tamil Nadu-based Karur Vysya Bank Ltd,…
The State Bank of India (SBI) has made credit to borrowers in the small-scale industries (SSI) and agriculture sectors cheaper…
China will provide a credit line of US$ 500 million to Pakistan on a soft-term basis, which would be utilised…
A delegation promoting exports from medium-size businesses in Gimhae, South Gyeongsang Province, have signed provisional contracts worth US$19m with importers…
#exports