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Asia

Yes Bank plans non-banking micro-finance company

Yes Bank plans to set up a micro-finance subsidiary in a joint venture with possibly two US-incorporated institutions with expertise in the segment. The subsidiary will be in the form of a non-banking finance company (more…)

#bank#corporate finance#investment

Banks grant 140 bn yuan to finance small business

Statistics from the CBRC show about 16,000 small firms received total loans of (more…)

#bank#banks#financial institutions


Bank of Shanghai supports Taiwan-funded firms with credit line

The Bank of Shanghai (BOS), a joint-stock commercial bank, has decided to provide a yuan 5bn credit line over the…

#bank#exports#investment


Citigroup to double SME lending in 3 years

Citigroup plans to double its small- and medium-sized enterprises (SMEs) credit portfolio in India in three years. The plan would…


New Eximbank head pledges support for small exporters

Small business is big business for the Eximbank of Korea. As the official export credit agency, the Eximbank strives to…

#bank#exporters#guarantees


Citigroup provides dedicated financial solutions for SMEs

Citigroup China launched its SME programme in 2004, one of the first SME-focused initiatives of its kind by a foreign…

#bank#cash management#international


Local banks provide SME financing schemes

The government has put in place a supportive and conducive environment for the development of local SMEs. In this regard, the…


Innovative funding for SMEs needs legislation

The regulatory framework, pending in draft stage for years, must be effected to protect service providers from recovery (more…)


Foreign majors want a slice of growing factoring pie

Given the increasing demand for factoring services, foreign players such as Development Bank of Singapore (DBS) and GE Capital are…


Export Credit Office flops with only five guarantees

The Export Credit Office has proven to be a flop, with the value of export deals guaranteed this year amounting…


Alliance Bank to focus on growing SME business

Alliance Bank Malaysia Bhd is looking to grow its small- and medium-sized enterprise (SME) business in the current financial year,…


StanChart launches Express Trade loan facility

Standard Chartered Bank Malaysia Bhd (StanChart) has launched a new loan for small businesses and expects it to help drive…

#bank#conference#guarantees

Exim Bank to raise Rs 7,000 crore

The Export and Import Bank of India (Exim Bank) is likely to raise over Rs 7,000 crore from both overseas…

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