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GE India is substantially scaling up its business target for 2010 it hopes to do business worth US$3bn by 2008 and touch US$8bn by 2010. This is a significant upward revision of the target that was announced (more…)
#acquisition#bank#commercial finance
Standard Chartered wants to focus its loan business in mainland China on small- to medium-sized enterprises (SMEs), according to (more…)
#bank#financial institutions#SME lending
The Small Business Guarantee and Finance Corp. (SB Corp.) said it raised by a tenth the amount of loans (more…)
#exporters#receivables#small business
Credit Information Bureau (India) Ltd (Cibil) has started collecting credit data on commercial entities, including corporates, from this month (more…)
Atradius Credit Insurance N.V. and Tokio Marine Nichido Fire Co., Ltd. have announced the opening of a joint venture service…
RHB Bank Bhd expects double-digit growth for small- and medium-scale enterprise (SME) loans this year (more…)
The Banking Regulation and Supervision Authority (BDDK) has announced it would take action against informal business at leasing, factoring, and…
#Bill#economy#leasing
Citibank is introducing a range of financial services for small and midsize enterprises (SME) in India (more…)
#bank#exports#financial services
Not only are Indian small- and mid-market enterprises among the most optimistic in the world, they are also among the…
Bank of Tokyo-Mitsubishi UFJ plans to launch factoring operations in Vietnam, purchasing from corporations located there the accounts receivable owed…
#bank#receivables#risk
SME Bank has come up with five loan schemes specially designed to help different types of small- and medium-scale enterprises…
#bank#CIMB#financial institutions
3i Infotech seems to be headed for continued strong growth in FY 2007, as the company builds further on a…
#anti-money laundering#financial services#insurance
Koc Faktoring, a company of Koc Financial Services (KFH), received US$60m syndication credits from international markets to use in (more…)