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ASEAN

RCE Capital targets 20pc ROE for AMDB Factoring acquisition

RCE Capital yesterday received shareholders approval to acquire the entire paid-up capital of AMDB Factoring of 10 million shares worth (more…)

#confirming#factoring and confirming#funding

ShoreCap International, Plantersbank partner in microfinance

ShoreCap International is making available the initial investment of US$2 m as additional funding for Plantersbank's micro finance (more…)


Local banks provide SME financing schemes

The government has put in place a supportive and conducive environment for the development of local SMEs. In this regard, the…


Alliance Bank to focus on growing SME business

Alliance Bank Malaysia Bhd is looking to grow its small- and medium-sized enterprise (SME) business in the current financial year,…


StanChart launches Express Trade loan facility

Standard Chartered Bank Malaysia Bhd (StanChart) has launched a new loan for small businesses and expects it to help drive…

#bank#conference#guarantees


Eastern Wire issues suit against Siam General Factoring over...

Eastern Wire Plc (EWC) has taken legal action against Siam General Factoring Plc (SGF) on allegations of loan default involving…

#investment#Two


CGC announces plans to introduce credit ratings for SMEs

Credit Guarantee Corp (CGC), the provider of loan guarantees to Malaysia's small- and medium-sized enterprises (SMEs), will introduce a rating…


Stock Exchange warning over EWC-SGF potential deal

The Stock Exchange of Thailand has cautioned investors to consider carefully recent disclosures by Eastern Wire (EWC) and Siam General…

#account receivables#Clear#investment


Four banks join new SME lending scheme

The SME Promotion Office yesterday signed agreements with four banks to offer financial support for small- and medium-sized enterprises (more…)


Siam General Factoring debt transfer, SET wants answers from...

The Stock Exchange of Thailand has asked Eastern Wire Plc (EWC) to explain a transaction involving seven account receivables that…


SCB launches new SME working capital resource

Standard Chartered Bank (SCB) launched the new SCB business credit card, aimed especially at owners of small- and medium-sized enterprises…


Banks getting more flexible in packaging loans for SMEs

Banks have been getting more flexible in packaging their loans to meet the financial needs of small businesses (more…)

HSBC appoints new director for trade services

HSBC Bank Malaysia Bhd has appointed Vivek Gupta as director responsible for growing its trade services market share (more…)

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