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Shanghai is planning to create a third city commercial bank by merging more than 230 rural credit cooperatives according to government officials. The third bank, tentatively called Shanghai Cooperation Bank, will focus on Shanghai's rural households and enterprises, whose total...
The government should pave the way for opening of large fund-based private banks, specifically dedicated to small and medium enterprises…
#bank#banks#liquidity
The International Finance Corporation, (IFC), and ABN Amro signed an agreement to provide Pakistan with a US$80 million trade financing…
#ABN AMRO#bank#exports
The Chamber of Commerce (PHDCCI), in its pre-Budget memorandum, has urged the Government to review the Securitisation Act, provide longer…
#conference#financial institutions#investment
Local banks, under pressure to scale back consumer lending to households and individuals, are scrambling to find alternative ways of…
Buoyed by the opportunity for higher credit deployment in the small and medium enterprise-dominated textile sector, the National Small Industries…
Citibank has bought out portfolios of over Rs 1,000 crore in the last 14 months from non-banking financial companies (NBFCs)…
#bank#banks#funding
The Osaka prefectural government has turned to Lehman Brothers and Daiwa Bank in a novel securitisation deal, as it attempts…
THE Small Industries Development Bank of India (SIDBI) will shortly make available a $40 million support fund for small enterprises,…
#bank#guarantee#guarantee scheme
Jing Shuping, once branded a "reactionary capitalist" in the Cultural Revolution and banished to a farm, was instrumental in persuading…
The forthcoming Budget should address the two main problems of the small-scale sector, namely, the high cost of funds and…
#bank#guarantee#securitisation
The number of small and mid-sized enterprises (SMEs) opening for business in November fell both from the previous month and…
A survey of China's top companies in 2002 has highlighted the extent to which the state sector still overwhelmingly dominates…
#economy