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First SMEs logistics base to open next year

Starting in January next year, Korea's first logistics base for small- and medium-sized enterprises (SMEs) is to go into operation in Amsterdam, as part of an effort to help small firms make further inroads into the European market. According to...

Small companies start to stir

A missing piece of Japan's recent economic recovery is beginning to fall into place. Large goods-producing exporters had been the…


SME loans soar in October

Outstanding corporate loans rose 2.6 trillion won in October, up from the 700 billion won rise in September, owing to…


Veena Mankar to step down as head of Global...

It was announced today that one of the leading figures in global factoring, Veena Mankar, will step down as managing…


Loans to small firms hits W36,000bn

The amount of loans extended by local banks to small and medium-sized firms (SMEs) grew significantly during the first 10…


Banks not prepared to take risks to lend to...

The Reserve Bank of India’s (RBI) 7 per cent GDP growth is not achievable if banks are not prepared to…


Reserve Bank of India ‘plays safe’ and leaves interest...

India's central bank, the Reserve Bank of India (RBI), has left interest rates unchanged at 6%, but raised its forecast…

#bank#banks#Boost


Economic environment for SMEs remains weak

The economic environment for small- and medium-sized enterprises (SMEs) has hit its lowest ebb in 13 months, reported the Korea…


State Bank of Pakistan issues new prudential regulations for...

The State Bank of Pakistan (SBP) has set a maximum exposure limit of Rs75m on banks and development financial institutions…

#bank#regulation#risk


Corporate tax higher than in OECD nations

Korean businesses have been paying far higher corporate income taxes than the average paid in member nations of the Organization…


Coface signs partnership agreement with Ping An, China's second-largest...

Coface Group, a world leader in export credit insurance and commercial risk management, has signed a partnership agreement with Ping…

#bank#guarantees#international


Small firms pushing for more funds

Demand for funds has improved markedly among small- and medium-sized firms (SMEs), according to a Bank of Japan (BOJ) survey…

#bank#banks#economic recovery

Seylan Bank interest rates cuts benefit SMEs

Seylan Bank has reduced its lending rates ranging from 0.5% to 1% per annum with effect from 1 November. The…

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