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Asia

Business owners turn to invoice discounting as the credit...

Increasing numbers of business owners are turning to invoice discounting to help them cope with the negative impact the slowing economy is having on their cash flow management. (more…)

Turkish factoring volume up 45 pc

Turkey's factoring industry, which has been active in the country for only 20 years, attained a growth rate far above…


Korean banks rein in business loans

The growth of Korean bank loans to companies sharply slowed in August as lenders tightened lending to smaller firms amid…


Islamic Development Bank to offer loans to Turkish companies

The Islamic Development Bank (IDB) has reached a deal with the Turkish Development Bank to provide loans for SMEs. (more…)


Exporters to get PKR358bn (EUR3.3bn) credit

Exporters would get a hefty amount of PKR358bn (EUR3.3bn) at the rate of 7.5pc under the export finance scheme (EFS)…


Minister announces interest-free loans for exporters

Export manufacturers will soon be able to take advantage of a new package of state-supported, interest-free loans similar to those…


Short-term bills to ease credit crunch for SMEs

China's central bank is in the process of discussing a pilot project to allow SMEs to raise funds through short-term…

#bank#Bank of China#financial institution


Lend more to SMEs, banks told

Chinese banks must use up their added lending quota this year in favour of small and medium-sized companies, the top…

#bank#interest rates#management


Philippine banks may lose the borrowers to the informal...

Micro and small enterprises will be exempted from submitting income tax returns and annual financial statements when taking out a…

#bank#international#small businesses


SECP to offer private equity and venture capital funds...

The Securities and Exchange Commission of Pakistan (SECP) is to set to introduce Private Equity and Venture Capital Funds (PE…


ICICI Bank to launch private equity fund for SMEs

ICICI Bank is planning to launch a private equity (PE) fund for SMEs through a special purpose vehicle (SPV) within…

#bank#funding#ICICI Bank


China allocates EUR346.92m to support SMEs

China will allocate RMB3.51bn (EUR346.92m) this year to fund the development of domestic SMEs, said China's Ministry of Finance on…

Long awaited relief on the way for SMEs

Many of China's small and medium-sized enterprises (SMEs) are teetering on the edge of bankruptcy because of a shortage of…

#bank#Bank of China#forum

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