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ASEAN

Ho Chi Minh City to set up credit insurance...

Vietnam's largest city plans to set up a credit insurance fund for its small- and medium-sized enterprises (SMEs) with a total charter capital of VND50 billion (US$3.17m), according to municipal authorities. Fund managers expect to draw capital from the State,...

Mitsui Sumitomo Insurance makes inroads into credit insurance market

Mitsui Sumitomo Insurance Bhd expects to underwrite between RM1 million and RM3 million worth of premiums for its credit insurance…

#bank#export credit insurance#insurance


Malaysia's bank for SMEs to start operations in October

A bank for small- and medium-sized enterprises (SMEs) will start operations in October Deputy Prime Minister Najib Abdul Razak said.…

#bank#banks#SME loans


Maybank aims for 14% growth in SME loans

Maybank aims to achieve 14 per cent loan growth for the small- and medium-sized enterprise (SME) sector this year, executive…

#alternative financing#bank#cash management


Switzerland to provide US$100m in SME loans

The Swiss government signed a Memorandum of Understanding (MoU) with its Indonesian counterpart to facilitate access to credit for small-…

#bank#conference#international


Singapore govt, DBS to provide SGD 300m in loans...

Spring Singapore, International Exchange Singapore and DBS Bank have launched a government-backed financing scheme that will provide SGD 300m in…

#bank#DBS#DBS Bank


HSBC eyes Rp450bn credit for small- and medium-sized enterprises...

HSBC Indonesia plans to increase its loans to small- and medium-sized enterprises (SMEs) to as much as Rp 450 billion…

#bank#management#smes


OCBC loans for SMEs to increase by 25% this...

OCBC Bank (M) Bhd expects to approve RM5 bn in loans for small- and medium-sized enterprises (SMEs) this year, up…


Siam General Factoring merger plan tipped to have collapsed

A planned merger between Siam General Factoring (SGF) and Advance Finance has been derailed. A source said the deal's collapse…


EC-funded project to boost SME development

The European Commission-financed Small and Medium Enterprise Development Fund (SMEDF) project in support of Vietnam’s small business was officially launched…

#bank#European Commission#small business


Exports hit US$6.7bn in first quarter

Vietnam’s exports remained strong in the first quarter of this year, according to official figures. In the first three months,…


Standard chartered targets SME loan growth

Standard Chartered Bank Malaysia Bhd expects a 30-to 40 per cent growth in loans to small- and medium-sized enterprises (SMEs)…

#bank#financial services#SME lending

Credit bureau launched to speed up SME loans

Small- and medium-sized enterprises (SMEs) will find it easier and faster to get loans with the launch of a central…

#bank#DBS#DBS Bank

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