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Maritime Bank has been permitted by the central bank to launch a factoring unit. (more…)
Factoring financing is yet to become popular with business and industry after its introduction more than 15 years ago, according to…
#bank#credit risk#international
IBM India Ltd Wednesday commenced its small and medium businesses (SMB) operations at Nashik in Maharashtra. (more…)
#economy#IBM#SMB
Nasdaq and the Shenzhen Stock Exchange have agreed to cooperate as China prepares to launch its own Nasdaq-style market for SMEs.…
GE Commercial Finance will buy a stake in Credit Orienwise Group and become a strategic investor. (more…)
#ADB#bank#commercial finance
Bank Danamon Syariah disbursed Rp35bn in asset-based financing as of the end of September, after introducing the scheme in July. (more…)
#bank#interest#investment
IBM India has launched SME operations in Jaipur as part of its expansion plans to enter 14 new cities in the…
#IBM#SMB#SMBs
Global Trade Finance said it is targeting more than a 100% jump in turnover at Rs5,000 crore this fiscal year.…
#bank#global trade#international
30% of Korea's SMEs now plan to add to their existing business or convert to a new enterprise altogether, says survey…
RAM Ratings has assigned a final rating to fixed-rate credit-linked notes to be issued by Cagamas SME Bhd. (more…)
The Small and Medium Enterprises Consortium has opened its office in Hyderabad and it already has 60 members. (more…)
#Jobs#Two
Siam Commercial Bank has reorganised its risk classification system for SME clients to meet with the new Basel II regulatory…
SMEs are forecast to contribute 37% to GDP in 2010 from 32% two years ago. (more…)
#economy#exports#GDP