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Asia

BEA signs deal to sell EAGE joint-venture stake to...

Bank of East Asia Ltd confirmed Monday it signed an agreement to sell its 50% stake in a financial services joint venture to its partner. (more…)

#acquisition#bank#commercial finance

Maritime Bank offers export factoring services

The Maritime Bank began implementing export factoring services for enterprises last week under an agreement by the State Bank of…


FM to launch micro credit scheme for SMEs

Union Finance Minister P. Chidambaram would officially inaugurate on February 2 the Janasree Sustainable Development Mission.' (more…)


Halkbank loans to merchants will be increased

Prime Minister Recep Tayyip Erdogan has indicated that loans provided by Halkbank to merchants and artisans will be increased. (more…)


Thanachart trade finance volume picks up

Trade finance transaction volume at Thanachart Bank (TBANK) has tripled since The Bank of Nova Scotia took a 24.98% stake…


Japan's Trade Surplus Down 20.9 Per Cent

Japan's trade surplus narrowed 20.9 per cent in December from a year earlier as exports slowed and record-high oil prices…


Bank buys 91pc stake in Global Trade Finance

State Bank of India (SBI), the country's largest bank, has bought a 91% stake in Global Trade Finance (GTF), a…


Global Report: Factoring in India 2007/2008

Arvind Sonmale, Managing Director CEO of Global Trade Finance Limited gives the overview of factoring in India for the forthcoming…


Ninety per cent of domestic economists expect drop in...

Nearly 90 per cent of Chinese domestic experts and market practitioners believe that the country will see a drop in…


Bajaj Allianz General Insurance to set up debt collection...

Bajaj Allianz General Insurance, in association with Euler Hermes, plans to set up a separate debt collection company in India.…


Access to loans tougher for SMEs

Despite hopes for a better economy SMEs  in South Korea are having trouble getting hold of much needed funding. (more…)

#banks#funding#interest rates


OCBC Bank to sustain SME loan growth at 10%...

OCBC Bank (Malaysia) Bhd is optimistic of sustaining the loan growth of the bank's SME  segment at between 10% and 20%…

#bank#CIMB#guarantee

CGC targets SMEs for its latest credit guarantee scheme

Credit Guarantee Corp Malaysia Bhd (CGC) is targeting SMEs for its newly launched credit guarantee scheme Enhance-i. (more…)

#bank#guarantee#guarantee scheme

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