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Asia

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 next three years. An ICBC spokesman said the bank has designed a plan (more…)

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


Standard Chartered Bank to focus on SMEs with cash...

Standard Chartered Bank (SCB) will focus on small and medium enterprises (SMEs) in Pakistan, catering to their financial requirements through…

#bank#cash-flow#SME lending


Citibank Korea launches SME service

Citibank Korea unveiled a new customised service package designed to provide comprehensive benefits for small businesses and professionals (more…)


India 2006-07: International trade to provide boost for factoring...

Arvind Sonmale, CEO of Global Trade Finance, examines the current climate for factoring in India and the potential for growth in…

#bank#exporters#International Trade


All change at Foremost Factors

Foremost Factors, the first factor to offer export factoring in India, has announced Mr Vikas Nanda, chief executive officer, and…


SMEs set for bumper payout

Small and medium enterprises (SMEs) may soon become investment hot spots in the IT segment. The department of information technology…


Thai deal for exporters

The Export-Import Bank of Thailand (Exim) voiced readiness to support expansion of commercial ties with Iran (more…)

#bank#Boost#Exim Bank


Non-Banking Financial Companies Re-Classified

Shardul Thacker, of Mulla Mulla Craigie Blunt, examines changes to Non Banking Financial Companies (NBFCs) and the significance  (more…)


IFCI to get a strategic investor

The country's oldest but troubled financial institution IFCI may soon see the entry of a strategic investor. IFCI is the…

#bank#banks#financial institution

Public Bank introduces microfinancing

Public Bank has launched a new microfinancing facility known as PBMicro Finance to meet the funding needs of micro entrepreneurs…

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