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Asia

IFC helps Vietnamese banks

The IFC's Mekong Private Sector Development Facility has launched a five-year project worth over USD6m to help Vietnam's commercial lenders provide better services to micro, SME (more…)

#bank#banks#commercial finance

RM73m for SMEs

Some RM73m or 8.8 per cent of the financial aid scheme offered by the Small and Medium Industry Development Corporation…


Southern Finance buys remaining Pacific Invoice Finance share

Christchurch-based Southern Finance Ltd (SFL) has bought out the remaining 30% of Pacific Invoice Finance Ltd it did not own…

#banks#financial institutions#funding


Bank SinoPac being sued over alleged misreported factoring transactions

Taiwan's ninth-largest financial services company by market value, SinoPac Holdings, said its banking unit is being sued by an investor-rights…


Chinese promote Trade & Investment Fair

Delegates from Qingdao, China were in the Sultanate yesterday to invite the Brunei business community to participate in the Asian…

#international#investment#smes


RM51bn loans for SMEs

“This will be complemented by a target to approve 37,000 loans under various Government schemes,”  Malasyan International Trade and Industry Deputy…


SMEs to get easier access to new loans

Bank Indonesia will relax its lending requirements to encourage the extending of more loans particularly to small- and medium-sized enterprises…

#bank#guarantee#interest rates


Agribank funds USD5.5m to develop SMEs

The Agriculture and Rural Development Bank (Agribank) will fund US$5.5m to help small- and medium-sized enterprises (SMEs) to expand production…


AEON launching financing scheme for SMEs

AEON Credit Service (M) Bhd will launch a new financing scheme for small and medium enterprises (SMEs) in June as…

#small businesses#smes


Pharma SMEs may trade with margins

The large number of SMEs in the pharmaceutical sector may be allowed to give a higher trade margin to chemists…


Confederation of Indian Industry seeks fiscal incentives for steel

The Confederation of Indian Industry (CII) has sought increased banking exposure and infrastructure status for the steel industry along with…


Upgrade financial management, SMEs told

SMALL and medium enterprises (SMEs) need to improve their financial management if they want to outdo their competitors, Small and…

#awards#bank#Deloitte

OCBC to update trade finance customers on new rules

OCBC Bank has embarked this month on a three-month programme to update its trade finance customers on the revision to…

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