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Asia

Coface director warns of risk in selling to China

Xavier Farcot, deputy regional MD of Coface, Greater China, spoke to a joint ECCT AmCham Greater China Business Committee on results of the company's 2007 Survey of Corporate Risk Management in China. (more…)

China cuts overseas debt quotas for foreign banks

China has cut foreign banks' medium and long-term foreign debt quotas to fund real estate and energy- intensive projects this…


CRISIL assigns A- & P1 ratings to 3i Infotech

Leading credit rating agency, CRISIL assigned its bank loan ratings of `A-/Stable/P1` to the various bank facilities of 3i Infotech.…


IFC helps SMEs with credit contracts

The International Finance Corporation has signed a VND320bn (US$20m) credit contract with Viet Nam Technological and Commercial Joint Stock Bank…


Banks see SMEs as profit generators

Keen to tap into another source of revenue and profit amid a tight monetary policy, banks in Shanghai are wooing…


Standard Chartered Bank has introduced the Business$aver for SMEs

Standard Chartered Bank has introduced the Business$aver, a current account facility tailor made for SMEs. (more…)

#bank#cash management#exports


Ministries give SMEs a helping hand

The government laid out several measures to help SMEs overcome sharp rises in the price of raw materials and reduce…


Financial leasing, factoring will be allowed to have majority...

Four additional restricted businesses - rental, operations leasing, financial leasing and factoring - will be made more open to foreign…

#investment#leasing#management


Bank of Shanghai to increase loans to SMEs in...

Bank of Shanghai expects to expand its loans to small- and medium-sized enterprises (SMEs) 67% year-on-year in 2008, said He…

#bank#smes


SIDBI slashes credit guarantee fee

Typically, small scale loans attract full risk weightage. However, if there is a guarantee banks are required to provide capital…

#banks#guarantee#guarantees


State Bank of India completes factoring stake purchase

Government-run State Bank of India (SBI) said on Tuesday it had completed an acquisition of 91% in an Indian factoring…

#bank#global trade#international


SMEs now tapping export fund

Exporters are now scrambling for assistance under the Export Promotions Fund, which was largely untapped until last month, as they…

#exporters#funding#Jobs

Global Report: Factoring in Hong Kong 2008

Amanda Chiu, SVP, Head of Factoring, Corporate and Investment Banking, Greater China, DBS Bank gives the overview for the year.…

#bank#commercial finance#international

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