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ASEAN

Bank deal set to boost SME lending

Bank NISP, considered one of Indonesia's best-managed banks, will soon be owned by Singapore's third-largest bank, Oversea-Chinese Banking Corp (OCBC), which last week announced plans to increase its stake in NISP to gain a 51 per cent controlling share. The...

#bank#international#management

P18B in SME loans under Sulong programme in first...

According to the government-run Small Business Guarantee and Finance Corp. (SB Corp) lending to small-and medium-sized enterprises (SMEs) reached a…


SME development council to introduce incentives to improve access...

The National Small and Medium Enterprise Development Council has agreed to the introduction of an interest subsidy and securitisation of…

#bank#risk#securitisation


HSBC and DBP to support microfinance sector

The enthusiasm towards poverty alleviation has increased as The Hongkong Shanghai and Banking Corp. (HSBC) one of the global financial…

#ADB#bank#international


Asia Development Bank to guarantee banks’ clients export-import activity.

The Technological and Commercial joint-stock bank (Techcombank) and the Asia Development Bank (ADB) have signed an agreement on cooperation in…

#ADB#bank#exports


SMEs remain core business for HSBC

HSBC Bank Malaysia Bhd (HSBC) will open more commercial banking centres throughout the country as part of a move to…


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…


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…

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