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ASEAN

SME Bank to create 5,000 new entrepreneurs

The Small and Medium Enterprises Development Bank of SME Bank announced its lending plan in accordance with the government's policy to develop and strengthen small and medium enterprises. Under the plan which has been set for a five-year development period...

Davao traders to boost support for SMEs

Newly appointed Trade and Industry Secretary Juan Santos is eyeing a strong support system for small- and medium-sized enterprises (SMEs)…

#Boost#Marco Polo#smes


Second foreign bank enters factoring market in Vietnam

The State Bank of Vietnam (SBV), Vietnam's central bank, has allowed the US Far East National Bank (FENB) to provide…

#bank#banks#Deutsche Bank


State financing firms to support OTOP programme for SMEs

Government financial institutions (GFIs) involved in the SME Unified Lending Opportunities for National Growth (SULONG) programme will provide financing to…

#bank#financial services#management


Exim Thailand’s 2004 net profit drops 33%

The Export-Import Bank of Thailand (Exim Thailand) said its 2004 unaudited net profit fell by 33 per cent compared to…


Planters Bank expands loan portfolio to P19B this year

The Planters Development Bank (Planters Bank) will be expanding its loan portfolio from over P15 bn last year to P19…


More Smidec loans, grants approved

Small and Medium Industries Development Corp (Smidec) has approved more loan and grant applications in the current 8th Malaysia Plan…

#international#International Trade#smes


Bigger is better for AmBank

The merger of the AmBank Group's commercial bank and finance company's operations will allow it to grow with SMEs. The…


New SME bank to include easier access to funding...

Financial assistance for small- and medium-sized enterprises to invest in information and communications technology (ICT) systems should be included as…

#bank#banks#financial institutions


Brunei SMEs call for improved access to financial facilities

Local small- and medium-sized enterprises (SMEs) have called for the setting up of a bank catering solely to their needs,…

#bank#banks#SAFE


PEAC Jakarta unit launched to boost SME financing access

In an effort to help develop and empower small-to medium-sized enterprises (SMEs), a Jakarta unit of an agency designed to…

#bank#international#SME financing


Malaysia to set up SME development bank

Malaysia will set up a development bank to assist small- and medium-sized enterprises (SMEs) in 2005, Prime Minister Abdullah Ahmad…

AXA Affin's trade credit insurance

AXA Affin Assurance Bhd has expanded its insurance products with the launch of trade credit insurance on 31 January, which…

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