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The Arroyo administration has extended loans worth P126bn to 80,779 as part of its efforts to create six million new jobs by 2010, the National Anti-Poverty Commission (NAPC) announced. (more…)
#Jobs#small business#smes
The Union of Small and Medium Enterprises (UNISAME) has set up SME Business Facilitation Centre (SMEBFC) to facilitate the SMEs…
#banks#insurance#leasing
The Vietnam Import-Export Bank (Eximbank) announced it will use VND 2tn to provide exchange rate insurance and credit support for…
The EBRD is providing a 5-year US$50m loan to Bank CenterCredit (BCC) to support the expansion and further development of…
#bank#financial institution#management
SBI Factors, a wholly-owned subsidiary of the State Bank of India (SBI), has acquired the Exim Bank-promoted factoring company Global…
#bank#international#international factoring
Bangladesh Bank's move to provide small and medium enterprises with easy access to loans is yet to benefit the SMEs…
#Bangladesh bank#bank#banks
Feeling the chill from the US subprime crisis, Chinese exporters such as Zhejiang New Oriental Fastener Company no longer take…
#exporters#management#payment terms
The Bangko Sentral ng Pilipinas (the Philippine central bank) expects the commercial banking sector's stock of bad loans to end…
#bank#banks#crisis
The State Bank of Pakistan (SBP) has decided to provide the following relief in respect of refinance availed by exporters…
China Merchants Bank released their first quarter reports today, announcing a 38.82 percent rise to US$2.71bn in the trade finance…
#bank#trade
Only 40 per cent of the SMEs have access to banking and other financial institutions. (more…)
#bank#international#SME financing
Bank Mandiri signed cooperation agreements with three firms to provide low-interest loans worth Rp36.6bn (US$3.95 m) for micro, small- and…
#bank#conference#international
India SME asset reconstruction company (ISARC), an entity formed by Indian banks to resolve non-performing loans (NPLs), expects to commence…