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HSBC Bank Malaysia Bhd is on track to capture about 8% of SME business by early 2009. (more…)
#bank#international#management
SME Bank aims to grant loans of Bt31.5bn this year, up from Bt20bn last year. Due to the economic slowdown, commercial…
#bank#exports#smes
SMEs, which are the backbone of the economy, emerged as more prone to default than other businesses and were second to corporates…
The fight against money laundering is to be widened to prevent the financing of terror and financial crimes. Factoring companies…
#financial institutions#insurance#investment
Several MNC and Indian banks are looking at picking up stake in Mumbai-based factoring company Global Trade Finance (GTF). (more…)
#bank#exports#financial services
With non-banking financial companies (NBFCs) finding it difficult to raise funds, they have been forced to hike up lending rates…
#bank#DBS#interest rates
BOK top policymakers decided to cut lending to local SMEs by won1.5 tn (US$1.6bn) from the third quarter 2007. (more…)
ECGC has decided to reduce premiums by 10% from August. Although the rate of reduction would vary from country to…
#credit risk#exporters#guarantee
Factoring company Global Trade Finance (GTF) on Tuesday signed a Memorandum of Understanding (MoU) with SME Rating Agency of India…
Korea will form a won 1tn (US$1.1bn) fund to assist the country s small- and medium-sized businesses. (more…)
Belgo-Dutch bancassurance group Fortis NV announced it has signed a comprehensive business cooperation agreement to create an insurance JV with…
Exim Bank and IFC, Washington, are negotiating with a large foreign bank to sell off their stakes in Global Trade…
#bank#global trade#international
Eight co-operative banks in India have defaulted on deposit repayments during April - May 2007, forcing depositors to invoke insurance…