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ASEAN

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 Badawi said. "The banks at present are focusing their attention on loan applications from big industries and the SMEs are...

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…


US$25m Philippine pte equity fund launched to bolster SMEs

The government's efforts to support small- and medium-sized enterprises (SMEs) nationwide was bolstered with the launching in Malacanang, the presidential…


EXIM Bank to play greater role in developing SMEs

The Export-Import Bank of Thailand has restructured its core functional units, aimed at developing small- and medium-size enterprises (SMEs) in…

#bank#exporters#exports


Banks can gain from helping to turn around SMEs

The Bumiputra Manufacturers and Services Industry Association of Malaysia (PPIPBM) said banks stand to gain more from helping small- and…

#banks#innovation#smes


PCI Leasing to raise capital

PCI Leasing & Finance Inc. says it will increase its authorised capital stock to P3.42 billion from P1.82 billion. The…


BRI targets 25% increase in lending to SMEs

Bank Rakyat Indonesia (BRI) is hoping to extend Rp 15 trillion (US$1.64bn) in new loans this year, a 25 per…

#bank#channel#crisis


Government earmarks P28bn for SME lending in 2005

The government will set aside up to P28bn in loans for small- and medium-sized enterprises (SMEs) this year, P5bn more…

#bank#funding#guarantee


Spring launches loan scheme tied to risk profile

Spring Singapore has launched a financing scheme that allows participating institutions to tailor the interest rates on loans to a…

#awards#interest rates#smes


New 800m Bhat education fund aims to create 18,000...

The Thai Industry Ministry has set aside a budget of 800 million baht over two fiscal years to meet the…


New government aims to promote SME development in UN...

The government promised on Thursday to put more focus on the development of small- and medium-sized enterprises (SMEs) in the…

#Asian Development Bank#bank#interest rates


Government loans to encourage Indonesian SMEs

Working hand-in-hand with the four state banks: Bank Mandiri, Bank Negara Indonesia (BNI), Bank Rakyat Indonesia (BRI) and Bank Tabungan…

#bank#banks#interest rate

SMEDC approves P300m SME funding

The Small and Medium Enterprise Development Council (SMEDC), the primary agency involved in the promotion, growth and development of the…

#funding#management#smes

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