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ASEAN

Exim Bank profits soar

The Export-Import Bank of Thailand has announced that its first-quarter 2004 profits amounted to 141 million baht (US$3.5m), an increase of 73% from 81.4 million baht (US$2.0m) in the same period last year. Net assets at the end of March...

#bank#Exim Bank

PwC says banks catching up to meet Basel II

Malaysia’s 10 anchor banks ”are catching up” despite being two to three years behind Singapore banks and nearly five years…


Stand-alone factoring a thing of the past – GECF...

It’s a fact. The factoring industry here in Singapore is seeing fewer and larger players as the market for financing…

#bank#commercial finance#financial services


Call for equity funding for SMEs intensifies

Small-and medium-sized enterprises (SMEs) with less than RM25m in annual turnover could soon have the option of raising money from…

#bank#banks#funding


Basel II accord set to change Malaysia's banking landscape

“From the end of 2006, in Malaysia's case from 2008, bankers' elitist image will be pushed further into history, joining…

#bank#platforms


Asian Development Bank to lend US$40m to SMEs

The Asian Development Bank (ADB) is willing to granting US$40 million worth of loans to help develop the country's small-…


Singapore bank lacks factoring presence, despite BoA buy –...

The 22bn baht purchase of an 80 per cent stake in the Bank of Asia by United Overseas Bank (UOB),…

#acquisition#bank#banks


Thailand’s SMEs share resources, target increased competitiveness

A group of small- and medium-sized enterprises (SMEs) has formed an alliance to pool resources and share strengths in order…


A government review of SMEs

The small- and medium-sized enterprise (SME) share of private sector employment in Brunei is high than the US at 59…

#Access to Finance#bank#exports


Factoring turnover reaches Bt120bn in 2003

The factoring industry is neither registered nor regulated in Thailand. Nevertheless, the industry has been flourishing for at least a…

#bank#exporters#interest rates


PCI Leasing & Finance income dropped sharply to P258m...

PCI Leasing and Finance Inc. saw its profits drop sharply last year as it moved to set aside funds to…


Fundamentals for lending to SMEs

As a whole, SMEs have limited assets and inadequate collateral; their financial accounting is poor; they are often family-run, and…

Bumiputra-Commerce signs pact to speed up loan approvals for...

Small- and medium-sized enterprises (SMEs) have been promised faster loan approvals by Bumiputra-Commerce Bank Bhd (BCB). The bank has signed…

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