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Asia

Foreign financial institutions eye China's SMEs

Small and midsize enterprises (SMEs) in China now are ushering in a new transformation as many foreign banks scramble for the small and middle enterprise market and (more…)

#bank#cash management#international

Credit insurance market to grow to USD140m by 2010

The Indian credit insurance market, still at a nascent stage and estimated at just US$40m, is expected to gather momentum…

#credit risk#political risk#reinsurance


HSBC attains factoring and forfeiting licence

The Banking Regulation and Supervision Board (BDDK) granted permission for factoring and forfeiting transactions to HSBC Bank (more…)

#bank#management#regulation


ShoreCap International, Plantersbank partner in microfinance

ShoreCap International is making available the initial investment of US$2 m as additional funding for Plantersbank's micro finance (more…)


Financial crimes watchdog established

A bill that allows the establishment of the Financial Crimes Research Council and seeks to eliminate money laundering was passed…

#bank#Bill#insurance


SMEs demand for loans rises in Q3

Data from Korea's financial regulator and the central bank show that small- and medium-sized companies continue to take out corporate…


Canbank Factors' H1 factoring volume up 45pc

Canbank Factors, a subsidiary of Canara Bank, has posted a 26.03% rise in net profit for the half-year ended 30 September…


Poor financing remains core obstacle to SMEs

Speakers at a discussion yesterday identified poor financing as the core obstacle to developing small- and medium-sized enterprises (SMEs) in…

#ADB#bank#conference


Sultan Allana of IPDC speaks of securitisation and SME...

Sultan Allana (SA), director of the Aga Khan Fund for Economic Development (Akfed) that currently holds 68% of the shares…


Bank loans to SMEs increase by 14m yuan in...

The number of SMEs receiving loans increased by almost 16,000 in the first half of 2006, compared to the beginning…


Atradius receives insurance license in Hong Kong – its...

The Hong Kong branch of global credit insurer Atradius received its operating license on 29 September cementing its foothold in…


Nation sets up special fund to support SMEs

China has set up a special fund to support the development of small- and medium-sized enterprises (SMEs), said China's Ministry…

China Security and Surveillance Technology Inc. secures new factoring...

China Security Surveillance Technology Inc., a leading provider of digital surveillance technology in China, has announced that it has signed…

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