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Credit inflow to the micro, small- and medium-sized enterprises (MSME) sector from institutional lenders has increased by 24 per cent to about Rs1,32,760 crore in 2006-2007. (more…)
IFC has signed an agreement to provide advisory services to Micro Credit Agency Bai-Tushum Financial Foundation. This support will help…
DBS Bank Ltd's (DBS) local subsidiary in China, DBS Bank (China) Limited has been incorporated with registered capital of RMB4 bn (USD523m). It…
Experts are gathering at a forum in Beijing this week to promote factoring businesses in China. (more…)
The Royal Crown Derby Porcelain Company Ltd, announced it is maximising the benefits of contemporary finance by appointing asset-based lender…
Fortis has finalised the acquisition of 50.45% of Pacific Century Insurance from its majority shareholder, PCI Regional Developments Ltd, and…
#acquisition#insurance
China Development Bank (CDB) will offer more loans to support the development of small- and medium-sized enterprises (SME) this year.…
#bank#guarantee#smes
Global information technology company 3i Infotech announced it has acquired a 50.5 per cent stake in 'aok In-house BPO Services'…
#ABN AMRO#American Express#bank
State Bank of Pakistan has asked the Small and Medium Enterprise Development Authority (SMEDA) to look into the possibility of…
#bank#cash-flow#international
The First Agro-Industrial Rural Bank Inc. (FairBank) recently signed an agreement with the German Technical Cooperation-Small and Medium Enterprise Development…
#bank#banks#international
The Finance Ministry has cancelled YTL49.5m of the YTL 89.5m Treasury aid to the Small and Medium Industry Development Organization…
FIMBank Plc, a Maltese trade finance specialist backed by a Kuwaiti investor, hopes to set up a joint venture in…
#bank#exports#international
National mortgage corporation Cagamas Bhd has introduced its first securitisation of SME loans into an asset class amounting to RM600m via…