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Asia

Micro headaches of Chinese economy

The Chinese economy is having both macro and micro headaches, most of which may deal heavy blows to the national interest if not resolved. Among these problems, rural (more…)

RBI norms on factoring in the offing

The Reserve Bank of India (RBI) is planning to create a regulatory framework to monitor factoring business in the country.…

#bank#financial services#international


GTF to take factoring to semi-urban centres

Global Trade Finance (GTF), the non-banking finance company set up to provide factoring services, whose Indian offices to date have…


China Eximbank to set up branch in Chongqing

The Export-Import Bank of China (Eximbank) has recently received official approval from China's Ministry of Finance to set up a…

#bank#Bank of China#guarantee


EBRD supports trade finance in Kazakhstan

The European Bank for Reconstruction and Development (EBRD) is providing to KazInvestBank (KIB),US$10m under its Trade Facilitation Programme (TFP) to…


HSBC launches Receivables Xpress

HSBC has introduced a new receivables financing package designed to provide quicker access to funds for small- and medium-sized enterprises…

#bank#management#receivables financing


Halkbank to grant loans to SMEs without complicated procedures

Halkbank, one of the largest public banks in Turkey, has prepared a package of easy loans for small and medium-sized…

#bank#interest rates#MAN


Yet another lender for Chinese SMEs

Citigroup Inc will step up efforts to court Chinese SMEs as its business in that sector generated triple-digit growth last…


IFS Capital seeks to list on SET

IFS Capital (Thailand) aims to become the market leader in the factoring sector and plans to list on the Stock…

#bank#commercial finance#guarantees


HSBC and Tradelink offer international trade services for SMEs

The Hong Kong and Shanghai Banking Corporation Limited and Tradelink Electronic Commerce Limited (Tradelink ) has announced the opening of…


Indonesia to lower interest rate on loans to SMEs

The government and Bank Indonesia, the central bank, will seek to lower the interest rate on loans to small- and…


SME sector set to grow 5 per cent this...

The gross domestic product (GDP) created by small and medium-sized enterprises will expand by 4-5% this year to around 3.3…

SMEs may be allowed to borrow on inventory

The government is being urged to amend the Business Security Act to allow small and medium-sized enterprises to use their…

#bank#financial services#security

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