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NIC joins IFC's global trade finance program

Nepal Industrial Commercial Bank became the first bank in Nepal to join the Global Trade Finance Program of IFC, the private sector arm of the World Bank Group. (more…)

Bank Victorias intensifies SME's lending program

To intensify its lending program to the small- and medium-sized enterprises (SMEs) in Negros and Panay areas, Bank Victorias signed…


CGTSI can help small-scale entrepreneurs

The Chief Secretary, Mr J P Singh said that the Credit Guarantee Fund Trust for Small Industries (CGTSI), an undertaking…

#bank#guarantee#SME financing


US$1m EBRD loan to Kyrgyz micro lending company Frontiers

The European Bank for Reconstruction and Development (EBRD) is providing the micro finance company Frontiers LLC with a US$1m loan…

#bank#business finance#financial institution


Foreign banks poised to woo SMEs

Foreign banks are aggressively targeting small- and medium-sized enterprises (SMEs), a sector their Chinese peers have traditionally been less enthusiastic…


GSP Finance to go for IPO

GSP Finance Company (Bangladesh) Limited has taken initiatives to go for IPO (initial public offering). They presently deal in factoring…

#Bangladesh bank#bank#financial institution


Wells Fargo HSBC Trade Bank launches cross-border lending in...

The Wells Fargo HSBC Trade Bank launched a cross-border lending initiative today that makes it the first financial services company…

#bank#cash management#international


MCA to set up centre to assist SMEs

The MCA will set up a small- and medium-sized enterprises (SME) Financing and Resource Facilitating Centre to provide industry players…

#bank#conference#funding


Government to look into refusal of export credit to...

Export credit to the pharmaceutical industry increased by 30 percent to Rs16,200 crore in 2005-2006 from Rs12,682 crore in 2004-2005.…


ADB provides Kazkommertsbank with US$100m guarantees

The Asian Development Bank (ADB) is providing a US$100m credit guarantee to securitize the diversified payment rights (DPR) of Kazkommertsbank…

#ADB#bank#guarantees


IFC, Sri Lankan banks promote lending for small enterprises

The International Finance Corporation (IFC) has joined hands with six Sri Lankan private banks to educate SME owners on getting…

#bank#international#small business


ICICI Bank launches Rs 100-cr fund for SMEs

ICICI Bank announced a Rs100-crore fund to support innovation and development of green businesses in India. (more…)

IFS Capital to offer more factoring services

IFS CAPITAL (Malaysia) Sdn Bhd, which provides factoring and hire purchase loans, plans to increase its staff strength and offer…

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