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ASEAN

First credit guarantee fund for SMEs approved

Ho Chi Minh City People's Committee has approved the establishment of the first credit guarantee fund to support small- and medium-sized enterprises (SMEs) in Vietnam’s largest city and economic hub. The fund will initially have a registered capital of VND50...

SGF reports factoring income down 29%

Refering to the auditor report of Siam General Factoring Plc. at the end of September 2004 and 2003 the company…


BBL expects total credit to SMEs in 2005 to...

Bangkok Bank Plc (BBL) said its total credit next year is expected to grow by 5-6 per cent from this…


EXIM Bank appoints two new executives

Export-Import Bank of Thailand (EXIM Thailand) appointed Mr. Sirichai Sakornratanakul senior executive vice president of EXIM Thailand and Mr. Punnop…


Indonesian Government to use some state-firm profits to help...

Coordinating Minister for People's Welfare Alwi Shihab said the government would optimise the use of part of the profits of…


Government to write off bad loans owed by SMEs

The Ministry of Finance is preparing a government regulation that will enable state-owned banks to write off bad loans owed…

#banks#crisis#regulation


StanChart focuses on SME lending as Central Bank removes...

Since the 1970s, the government had imposed various regulations to give an edge to local lenders. But this is expected…


EXIM Thailand posts 39.32% on year fall in q3...

The Export-Import Bank of Thailand (EXIM) registered a net profit of 125m baht (US$3m) for the third quarter of 2004,…

#3M#bank#interest


Loans to SMEs up 5% in January-September

The banking industry gave out 5 per cent more loans to small- and medium- sized enterprises (SMEs) for the first…


SME Bank and THAI join hands to give factoring...

The Small and Medium Enterprise Development Bank of Thailand (SME BANK) has teamed up with Thai Airways International Public Company…

#bank#interest rates#international


ADB sets aside US$85m for SME exporters

The Asian Development Bank (ADB) has set aside US$85m to finance export oriented small- and medium- sized enterprises (SMEs) in…

#ADB#bank#exporters


Banks must help SMEs involved in higher- risk ventures

Deputy Finance Minister Datuk Dr Ng Yen Yen has urged banks to help small- and medium- scale enterprises (SMEs), including…

ADB to help promote SME development

Through a loan package approved today for US$100 million, the Asian Development Bank (ADB) will help create a business environment…

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