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Asia

EBRD approves $100m support for Kazakh economy

The EBRD has approved two loans worth a total $100 million to support lending to the Kazakh economy via credits to SMEs (more…)

#bank#crisis#funding

EBRD supports Kyrgyz economy with $20m credit for MSME...

The EBRD's Board of Directors has approved a credit line of US$20 million to support the Kyrgyz economy via credits…

#bank#exports#international


Factoring in Vietnam – World Factoring Yearbook

Nguyen Thi Hong Anh, Account Manager at the Commercial Joint Stock Bank for Foreign Trade of Vietnam, provides Factorscan with…


Strong first quarter for Garanti

Garanti Factoring succeeded in increasing its first quarter earnings by 39%, with net profits reaching 2.5 million TL for 2009.…

#smes


Alibaba to expand loan offering

Chinese e-commerce giant Alibaba.com, backed by eight of the country's largest banks, plans to help small domestic companies hit by the…


EBRD considering loan to Deniz and Garanti

The EBRD is considering providing EUR 20 million senior loans to each of Deniz Bank (DB) and Garanti Bank (GB)…


ICBC expands SME outlets

The Industrial and Commercial Bank of China (ICBC) has opened 569 outlets in China that specialize in serving small and…

#bank#Bank of China#management


World Bank approves further funding to SMEs

The World Bank approved an additional US$400 million financing loan to the Small Industries Development Bank of India. (more…)

#bank#funding#SIDBI


Sharia financing scheme extended to SMEs

Bank Muamalat Malaysia Bhd and SME Bank recently signed an agreement to launch the Kafalah Scheme to provide SME customers…

#bank#banks#financial services


Central Bank urges banks to lend to SMEs

Bank of Thailand urges commercial banks to lend more to the business sector, particularly SMEs. (more…)

#bank#banks#economy


ECGC maintains credit policy premium rates

In spite of high claims from exporters, the state-owned Export Credit Guarantee Corporation of India (ECGC) has decided not to…


SMEs extended tax loan guarantees

The government yesterday approved the Small Business Credit Guarantee Corporation (SBCG) to provide loan guarantees for small and medium-sized enterprises…

SMEs turning to Islamic banking in the crisis

Seventy-five per cent of OCBC AL-Amin Bank's Islamic business is coming from SMEs in the downturn. (more…)

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