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India's SMEs are no longer depending on banks for funding. Now, leading investment houses and private equity, or PE funds are cashing in on the funding needs of the SMEs. (more…)
Fortis has announced that it has acquired 98.59% of shares and options of Pacific Century Insurance Holdings Limited (PCIHL), based in…
SME financing institution Small Industries Development Bank of India (SIDBI) has floated a private equity (PE) fund with an initial…
International markets provided a US$60m loan for Yapi Kredi Faktoring which will be used toward domestic factoring transactions. (more…)
#international
Standard Chartered Bank will soon extend credits for the development of SMEs and help to familarize the public with the…
#bank#smes#Standard Chartered Bank
Credit inflow to the micro, small- and medium-sized enterprises (MSME) sector from institutional lenders has increased by 24 per cent…
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