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Asia

GTF to develop and expand factoring business

GTF will raise resources worth Rs 2,345 crore in Indian currency and USD 120 million through overseas borrowing to develop and expand its factoring business. (more…)

#cash-flow#global trade#international

Increased SMEs loan danger

Competition among Korean banks to win small-business customers may lead to rising loan defaults and threaten growth here, the nation…


1st PMF Bancorp provides trade finance to Canton Fair's...

1st PMF Bancorp, a Los Angeles-based private bank lender with offices in China specializing in providing working capital for small-…

#bank#international#International Trade


Banks urged to lend more to SMEs

China s banking regulator said that the nation's big banks urgently needed to change their attitude towards lending to small…

#bank#banks#guarantees


Debt workout program is working

Since 2006, the number of firms finishing the program has grown considerably. Nearly half of the troubled small- and mid-size…

#banks#interest


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…


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

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