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Finance companies have until mid-year to submit plans on whether they will upgrade to a full-service or retail banking licence or risk being marginalised as a credit company with a sharply restricted scope of operations. Foreign banks are similarly weighing...
#bank#financial services#management
President Gloria Macapagal Arroyo has earmarked the release of P20 billion (US$358 million) this year to small- and medium-scale enterprises…
#bank#conference#smes
United Overseas Bank (M) Bhd (UOB) plans to gain market share and enhance profits by building on its niche in…
Public Bank Bhd has posted a record net profit of just over RM1bn for the financial year ended 31 December…
#bank#SME loans#smes
The Asian Development Bank (ADB) said it had signed a US$85 million export credit agreement with six Indonesian banks, including…
The Department of Trade and Industry (DTI) has insisted that Philippine exports grew by at least 18 per cent last…
#exporters#exports#management
Siam General Factoring Plc is to merge with Global Thai Finance Co through a 100-per-cent share swap in a move…
JCM Engineering Concept Co, a factory construction company, has set up an arrangement with banks to finance the building of…
The Small and Medium Enterprise Development Bank of Thailand (SME Bank) has entered into a major organisational restructuring process after…
#bank#debt collection#economy
The Association of Banks in Malaysia chairman, Dr Rozali Mohamed Ali, said the association welcomed the government's call to look…
Small- and medium-sized enterprises (SMEs) in the country received a total of P16.65bn (US$300m) in loans last year through the…
The Siam Cement Group has expressed interest in a government initiative to establish trading companies to help promote small- and…
#interest#investment#smes
The Small and Medium Enterprise Development Bank of Thailand (SME Bank) predicts its credit line will jump 28.5% to 36…
#bank#economy#financial institution