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ASEAN

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 cent increase from Rp 12 trillion in new loans extended in 2004. "We expect to channel about 90 per cent...

#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


Siam Panich Leasing announce 330m baht origination of new...

In reference to the capital increase from the 2004 warrant exercise, in the amount of 15,751,275 units or 551,294,625 baht,…


Government pledges 60 million baht to help tsunami-hit small...

The Thai government said that it was speeding up a compensation program for around 2,400 small business owners whose livelihoods…


New credit insurance policy to bring in RM3m premium...

Hong Leong Assurance Bhd (HLA) expects its new export trade credit insurance policy to bring in some RM3m premium by…

#bank#exporters#international


BPI expects weaker year in Philippines; future aim to...

The year 2005 probably won’t be as good as last year for Philippine enterprises, especially with the rising interest rate…

#bank#interest rates#management


Cabinet considers huge aid package for SMEs affected by...

The cabinet will today consider a multi-billion baht financial assistance package to help people and businesses affected by the 26…

#bank#guarantee#smes

3bn baht fund to be set up to help...

Local bankers and capital market organisations are setting up a three-billion-baht venture capital fund to assist small businesses hit by…

#bank#banks#insurance

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