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Micro and small enterprises will be exempted from submitting income tax returns and annual financial statements when taking out a loan. (more…)
#bank#international#small businesses
The Prime Minister of Malaysia is encouraging SMEs to make full use of financing facilities set up to help them weather…
Bank Negara Malaysia (BNM) will establish RM1.2bn (EUR236m) worth of financial facilities to assist small and medium enterprises (SME) to…
HSBC Indonesia has launched an import credit facility for mostly small- and medium-sized enterprises. (more…)
#smes#trade#Vice president
Malaysia to allow commercial banks to offer factoring services through entities or subsidiaries. (more…)
#banks#international#International Trade
Banks and development financial institutions (DFIs), anticipating demand for small and medium enterprise (SMEs) financing to increase, are expected to…
#bank#guarantee#guarantee scheme
Micro, small, and medium-sized enterprises now have a better chance of securing loans as the Magna Carta for MSMEs raises…
Bank Simpanan Nasional Bhd (BSN) aims to attract more small- and medium-sized enterprises (SMEs) to take up its micro financing…
The Arroyo administration has extended loans worth P126bn to 80,779 as part of its efforts to create six million new…
#Jobs#small business#smes
The Vietnam Import-Export Bank (Eximbank) announced it will use VND 2tn to provide exchange rate insurance and credit support for…
The Bangko Sentral ng Pilipinas (the Philippine central bank) expects the commercial banking sector's stock of bad loans to end…
#bank#banks#crisis
Bank Mandiri signed cooperation agreements with three firms to provide low-interest loans worth Rp36.6bn (US$3.95 m) for micro, small- and…
#bank#conference#international
The SME Bank has been urged to come up with a special financing scheme to help subsidise the higher interest…
#bank#cash-flow#interest rates