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Hopes rise of better rights for businesses in China

China's top leaders have announced plans for changes to the constitution intended to promote economic development, making public a process analysts hope will give private businesses the same legal rights as state enterprises. State media said yesterday (12 August) that...

Government drafts SMEs improvement policy

An official from the Small and Medium-sized Enterprise Department under the State Development and Reform Commission (SDRC) revealed the department…

#bank#exports#financial services


Defence sector to reduce dependence on imported technology approaches...

The defence sector is aiming to indigenise its requirements by offering to buy from technologically sound, innovative and competitive small-…

#smes


GE Commercial Finance eyes up Resona’s leasing businesses

Resona Holdings Inc, the Japanese bank that received a US$16.3 billion government bailout, has hired Nomura Holdings Inc. to find…

#bank#commercial finance#management


Bank lending to small firms swells

Corporate lending by local banks ballooned by 5.1 trillion won (US$4.3 billion) last month, as small- and mid-sized companies (SMEs)…

#bank#banks#smes


Hosoya to to put SME bank Resona on the...

When Eiji Hosoya, the new chairman of Resona, first saw the swooping R of the bank's logo, it reminded him…

#bad debts#bank#management


ECGC and Corp Bank in bancassurance tie-up

Export Credit Guarantee Corporation (ECGC) has obtained a special exemption from the Insurance Regulatory and Development Authority (IRDA) allowing it…

#bank#exports#guarantee


Bank of China’s factoring transactions soar in first half

State-owned Bank of China’s international factoring transactions increased by more than eight times year-on year while domestic factoring transactions rose…


30% of firms reporting financial difficulties

“SMEs (small- and medium-size enterprises) are struggling with what they call their worst financial problems since the 1997 crisis, due…


Commercial banks and private sector suggested amendments to the...

A joint meeting between commercial bankers and top representatives of the private sector has suggested wide-ranging amendments to the draft…


Sources of funding start to dry up

Spurned by major banks, many of Japan's small- and medium-sized enterprises (SMEs) have to depend on credit unions for financing.…


Private sector banks now willing to take risk on...

The small- and medium-size enterprise (SME) sector has been regarded as typically `high risk and high delinquency' in banking circles.…

CECIC ties up with HuaTai in export trading insurance...

China Export & Credit Insurance Co. (CECIC) and HuaTai Insurance Company of China Ltd. finalised a partnership agreement in Beijing…

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