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ASEAN

Agribank funds USD5.5m to develop SMEs

The Agriculture and Rural Development Bank (Agribank) will fund US$5.5m to help small- and medium-sized enterprises (SMEs) to expand production and business, the bank announced. (more…)

AEON launching financing scheme for SMEs

AEON Credit Service (M) Bhd will launch a new financing scheme for small and medium enterprises (SMEs) in June as…

#small businesses#smes


Upgrade financial management, SMEs told

SMALL and medium enterprises (SMEs) need to improve their financial management if they want to outdo their competitors, Small and…

#awards#bank#Deloitte


OCBC to update trade finance customers on new rules

OCBC Bank has embarked this month on a three-month programme to update its trade finance customers on the revision to…


IFS Capital seeks to list on SET

IFS Capital (Thailand) aims to become the market leader in the factoring sector and plans to list on the Stock…

#bank#commercial finance#guarantees


Indonesia to lower interest rate on loans to SMEs

The government and Bank Indonesia, the central bank, will seek to lower the interest rate on loans to small- and…


SME sector set to grow 5 per cent this...

The gross domestic product (GDP) created by small and medium-sized enterprises will expand by 4-5% this year to around 3.3…


SMEs may be allowed to borrow on inventory

The government is being urged to amend the Business Security Act to allow small and medium-sized enterprises to use their…

#bank#financial services#security


SET suspends trading in Siam General Factoring stocks

The Stock Exchange of Thailand (SET) suspended trading in Siam General Factoring pending a decision on whether the firm's financial status…


Banks reject SME lending rule changes

Banks are opposing the passage of a proposed law that seeks to shore up the mandatory allocation of funds to…


RM140m fund to help SMEs expand businesses

SME Growth Acceleration Fund Sdn Bhd (SGAF), a special purpose venture capital company set up to assist small- and medium-sized…

#bank#economy#investments


Exim Bank plans to boost export activity with finance...

The state-owned bank has introduced a new financing facility for export service providers. Previously, the Exim Bank had offered loans…

#bank#exporters#international

CGC targets more loan guarantees in 2007

Credit Guarantee Corp Bhd guaranteed RM3 bn in loans last year and is confident of improving its record this year…

#bank#CIMB#guarantee

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