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Mizuho Corporate Bank, a unit of Mizuho Financial Group Inc., has formed an alliance with the Bank of China in the area of receivables factoring. Mizuho Corporate Bank formed a similar alliance with China Minsheng Banking Corp. in August. The...
#bank#Bank of China#receivables
An economic recovery may be in store for Christmas, but domestic small- and medium-sized enterprises (SMEs) will not be joining…
In an effort to reduce the transaction costs of exporters and make them more competitive in the global market, the…
The Dutch bank is extending its 'Channel Finance' service to small- and medium-sized Indian businesses. This provides clients with greater…
#ABN AMRO#bank#international
The governor of the People's Bank of China, Zhou Xiaochuan, said interest rate ranges for loans should be expanded 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