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Bank of China ranks 7th in world's export factoring

Sources from the Bank of China (BOC) said that, according to statistics published by Factors Chain International, BOC ranked seventh among 159 members, indicating that the bank had become a leading player in global export factoring business. In the first...

#bank#Bank of China#international

Ministry of Economic Affairs targets SMEs

Taiwan has always been a breeding ground for economic growth and innovation. Now, facing the dual challenges of the SARS…

#economy#innovation#interest


SARS lowers growth of industrial profits in May but...

The growth of profits of Chinese industrial enterprises in the first five months of the year was 12.9 percentage points…


Bajaj Allianz to enter credit insurance business

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 raises Rs 1bn from mutual funds...

Ashok Leyland Finance has raised Rs 1 billion by securitising some of its receivables from hire-purchase schemes and loans for…


Confederation of Indian Industry poll of small industry lists...

Indian small industry has to reposition itself to achieve compatibility with the international trade scenario and become globally competitive, according…

#international#International Trade#smes


China must nurture its entrepreneurs

By Stephen Green, head of the Asia programme at the Royal Institute of International Affairs in London The one thing…

#bank#interest rates#international


Bharat Overseas Bank pares rates on SSI credit

Bharat Overseas Bank Ltd has lowered interest rates on credit to agriculture and small-scale sectors (SSIs). "The revised interest rates…

#bank#interest#interest rates


SMEs are hit by the large bank credit crunch

Yamaya is one of countless small- and medium-sized enterprises (SMEs) in Japan feeling the effects of a widening credit crunch.…

#bank#exports#financial services


Bank of Japan to help SMEs to raise capital...

The Bank of Japan (BoJ) is to kick-start the development of an asset-backed securities market for small businesses to give…

#bank#liquidity#receivables


'SMEs must have the killer instinct' to help achieve...

Speaking at a workshop on 'New Export-Import Policy', the director-general of Foreign Trade, Mr Labanyendu Mansingh, said the list of…


Innovative financing sought for small scale industries sector

The Credit Guarantee Fund Trust for Small Industries (CGTSI), set up by the Government of India and the Small Industries…

#bank#interest rates#management

Lending to SMEs tumbles in three months to May

Kookmin Bank, Korea's largest lender, lowered this year's target growth rates for corporate loans to less than 5 per cent,…

#bank#banks#leasing

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