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Asia

Basel II prompts SCB SME reorganisation

Siam Commercial Bank has reorganised its risk classification system for SME clients to meet with the new Basel II regulatory guidelines. (more…)

SMEs contribution to the economy is expected to grow

SMEs are forecast to contribute 37% to GDP in 2010 from 32% two years ago. (more…)

#economy#exports#GDP


Yes Bank to focus on SMEs

YES Bank has planned an investment banking initiative exclusively for SMEs that will focus on financing. (more…)


China gets more financing options – SMEs can now...

A Chinese delegation, lead by experts from the World Bank, travelled to the USA, Canada and NZ to study recent…


Shenzhen SMEs propose joint bond

20 SMEs in Shenzhen have proposed to jointly raise a total of 1.03 bn yuan via a bond issue in mid October.…

#bank#bonds#Hi


China on the brink of a factoring boom

Daniel Tso from Orbrich talked at BCRs Conference in Shanghai on the factoring potential in China and whether China will be  the next big factoring market.…

#bank#bank loan#conference


Legal aspects of a letter of a credit from...

King Tak Fung, Partner DLA, talked at BCRs Shanghai Conference and examines the standard for document checking, issues relating to…


Government to spend Rs13bn to develop SMEs

The government will spend more than Rs13bn on the development of SMEs until 2015. (more…)

#awards#guarantee#Paid


Fending off competition from factoring multinationals

Amanda Chiu, Head of Factoring at DBS Bank, spoke at BCRs Shanghai Conference on the factoring market in China and Fending…

#bank#bank loan#conference


GE and Credit Orienwise to provide joint factoring to...

GE Commercial Finance has invested US$50m in Credit Orienwise Group via the purchase of shares of COG. (more…)


Citibank unveils facility for SMEs

Citibank expects to rope in 20,000 new customers over the next five years through its no-collateral revolving credit facility. (more…)


CIT opens in Shanghai to support global vendor finance...

CIT Group Inc.,opened its Shanghai Shared Services Centre on Thursday to support CIT Vendor Finance's customers in the Asia Pacific…

#CIT#international

SMEs urged to tap export fund

The Department of Trade and Industry is urging SMEs to tap a P280m export promotion fund. (more…)

#emerging markets#exporters#management

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