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Despite accounting for 78% of non-agri employment, small- and medium-size enterprises (SMEs) contribute only 35% of annual gross domestic product (GDP). Among the major reasons for the under performance of the SME sector are unsophisticated modes of financial intermediation that...
#insolvency#management#risk
Nearly 80 per cent of small-and medium-sized enterprises (SMEs) applying for interest-free loans to weather the financial strains attributable to…
Former Premier Vincent Siew will make several proposals to President Chen Shui-bian today, with the focus on economic and financial…
SME Bank disbursed Rs 697 million to 1,389 small- and medium-size enterprises (SMEs) in 31 different business sectors during last…
With top corporates demanding low rates on loans and margins nowadays being wafer-thin, new generation UTI Bank is planning to…
#bank#financial institution#guarantees
Wu Dingfu, chairman of China Insurance Regulatory Commission has expressed his expectations that China Export & Credit Insurance Corporation (SinoSure)…
Oriental Bank of Commerce (OBC) has reduced its interest rates and margins on advances to small-scale industries (SSI) sector. The…
Liaquat Ali Jatoi, federal minister for Industries and Production, has advised the Small and Medium Enterprise Development Authority (SMEDA) to…
Sources from the Bank of China (BOC) said that, according to statistics published by Factors Chain International, BOC ranked seventh…
#bank#Bank of China#international
Taiwan has always been a breeding ground for economic growth and innovation. Now, facing the dual challenges of the SARS…
#economy#innovation#interest
The growth of profits of Chinese industrial enterprises in the first five months of the year was 12.9 percentage points…
Bajaj Allianz General Insurance Company Ltd is planning to get into the credit insurance business, an area dominated by the…
#Allianz#exporters#guarantee
Ashok Leyland Finance has raised Rs 1 billion by securitising some of its receivables from hire-purchase schemes and loans for…