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Standard & Poor's Ratings Services (S&P) announced yesterday that it had downgraded its outlook on the long-term credit rating for Kookmin Bank at BBB plus to ‘negative’ from ‘stable’. The global ratings agency said the downgrade reflects concerns over Kookmin's...
#bank#risks#smes
Small-scale units can now get a composite bank loan of up to Rs 50 lakh as against a maximum of…
State Bank of Pakistan (SBP) governor, Dr. Ishrat Husain, said the central bank was working on new prudential regulations that…
#bank#exports#regulation
The Asian Development Bank (ADB) has pledged US$150 million in assistance to Pakistan to restructure and develop its small- and…
#ADB#Asian Development Bank#bank
In Tokyo, the US$17bn bail out of Resona bank is being hailed as a promising first step towards fixing Japan's…
#bank#financial services#smes
Business conditions for local small- and medium-size enterprises (SMEs) are becoming increasingly unfavourable with the local economy showing no signs…
Annual exports by small- and medium-sized enterprises (SMEs) will top US$100 bn by 2007, the Small and Medium Business Administration…
#exports#international#smes
The Bank of China (BOC) reported a strong growth in factoring business in the first quarter of this year, with…
The repercussions of Resona's partial nationalisation are likely to be felt throughout Japan's regional economies, where the bank had built…
Due to the continuing economic slowdown, corporate bankruptcies rose to their highest level in 27 months in April, the Bank…
A unified law for the small-scale industry sector (SSI) that will help enhance the sector's efficiency is being drafted, according…
As reported on Friday, Japan will today resume its export credit insurance programme for Iraq, paving the way for Japanese…
Corporate bankruptcies fell 7.7 per cent in April from a year earlier to 1,514, down for the fourth consecutive month,…