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Asia

ICICI Bank, IBM, IFC launch SME toolkit

ICICI Bank, IBM and IFC have launched an online resource centre, to help SME's start, finance and grow their businesses. (more…)

HSBC SME business up 20% over 3 years

Banks are seeking a greater share of the SME banking business. (more…)


SBI launches securitisation of carbon credit receivables

State Bank of India has signed an accord to provide one-stop solutions to industries for clean development mechanism projects (more…)

#bank#guarantees#international


Sacombank to open a commercial bank rep office...

Sacombank has become the first commercial bank of Vietnam to have a representative office abroad. (more…)

#bank#banks#international


SME Bank ponders programme to offer low cost loans

SME Bank is considering a new programme that would offer low cost loans to small rural businesses seeking to expand…

#bank#interest rates#small businesses


ICBC says H1 small enterprise financing up 48 per...

The Industrial and Commercial Bank of China reported that its balance of loans granted to small enterprises amounted to 191bn…


Maybank aims to give out RM500m via receivables loans

Maybank and Mizuho aim to achieve a minimum of RM500m in loans from its receivables financing programme for the financial year ending…

#bank#receivables financing#smes


OCBC Bank starts business in China

OCBC Bank has commenced business at its new wholly-owned subsidiary in China, OCBC Bank (China) Ltd. (more…)


Small businesses miss out on EUR3.5bn

Turkish SMEs failing to show much interest in the 7th Research Framework program developed by the EU have missed out on €3.5bn of…


SeaBank to provide factoring service

The State Bank of Vietnam has given the go ahead to the Southeast Asia Commercial Joint Stock Bank to provide factoring services.…


LLP law to open credit doors for SMEs

SMEs can look forward to greater access to credit by the end of the year. (more…)


Demica teams with Hitachi and Risk Monster to promote...

Demica, provider of specialised working capital solutions, is teaming up with Hitachi Information Systems Ltd, and Risk Monster, a provider of credit…

Long-term ratings of Global Trade Finance put on watch

Crisil has placed the non-convertible debenture issue of Global Trade Finance on rating watch with developing implications and reaffirmed the…

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