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Asia

State bank to increase service for troubled small firms

Korea Development Bank will continue to support small companies this year and will establish a private equity fund as part of its effort (more…)

#bank#Clear#i

ABC Bank trials loans to SMEs in Hebei

Yang Mingsheng, president of ABC, says that it is a big trial for the bank to solve the problem that…


Foreign companies entry may spur factoring

The Reserve Bank of India is making efforts to breathe fresh life into this sector by bringing in foreign players.…


HSBC unit buys Taiwan's Chailease Credit Services

HSBC Holdings unit Hongkong and Shanghai Banking Corp said it has agreed to buy Chailease Credit Services Co Ltd, Taiwan's…

#acquisition#bank#receivables


Eximbank to increase loans and guarantees after record year

The Export-Import Bank of Korea plans to increase its loans and debt payment guarantees for companies to a record (more…)


AsiaTrust gets funding for expansion to extend SME services

AsiaTrust Development Bank has secured financial backing from the Asian Development Bank (ADB) to allow it to extend its services…


Singapore 2006-07: Financing open account trade still key for...

Banks will continue to feature prominently in the Singapore factoring industry and are keen to expand their financing of the…

#bank#exporters#International Trade


China 2006-07: New chapter begins for domestic and foreign...

China's factoring industry entered a period of consolidation last year. The rapid pace of development was replaced by a more…


Eximbank maintains low non-performing loans ratio

The Export and Import Bank of China, one of China's three policy banks, reported that its ratio of non-performing loans…

#bank#Bank of China#banks


ICBC to double SME loans

The Industrial and Commercial Bank of China intends to orient half of its loans to small- and medium-sized enterprises over the…


ECGC to launch factoring business

Export Credit Guarantee Corporation of India (ECGC), the fifth largest credit insurer of the world in terms of national exports…

#bank#exporters#exports


Government plans support for smaller businesses

The government plans to aid 30,000 small- and medium-sized businesses (SMEs) by 2008, Prime Minister Han Myeong-sook announced at a…

Beijing to provide credit guarantees supporting SMEs

By the end of 2010, small- and medium-sized enterprises (SMEs) in Beijing will get credit guarantees valued at a minimum…

#guarantee#guarantees#smes

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