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Asia

Euler Hermes, Bajaj Allianz tie up for SME credit...

Euler Hermes, the world s largest credit insurance company with a 34 per cent market share, has tied up with Bajaj Allianz General Insurance Company to offer domestic and export credit insurance in India (more…)

Turkey's factoring volume increases 48.8 per cent in 2005

Turkey's total volume of factoring increased 48.8 per cent in 2005, according to Factors Chain International (more…)


3i Infotech announces new acquisition

IT solutions provider 3i Infotech Ltd yesterday acquired Bangalore-based Datacons Ltd for nearly Rs 40 crore (more…)

#acquisition#automation#international


Banks may get time to meet Basel II norms

Commercial banks may get to heave a sigh of relief with the Reserve Bank of India (RBI) planning to extend…

#bank#banks#risk


Banks promise to focus on SME financing

The public sector banks in India are all set to assist the growth of small- and medium-sized enterprises (SMEs) in…

#bank#exports#SME financing


Siam General Factors provides transaction details to SEC in...

The Securities and Exchange Commission has reiterated its advice to investors to exercise caution and monitor information disclosures by Eastern…

#SEC#trade


SME ratings yet to catch on, say bankers

CRISIL has tied up with seven banks and SMERA has tied up with 14, so far,  to extend ratings to…

#bank#banks#interest


Mizuho banks join Sompo, Coface to develop export receivables...

Mizuho Corporate Bank and Mizuho Bank have developed with Sompo Japan Insurance Inc. and major French credit insurer Coface a…


Sidbi shifts to direct SME lending boosts growth

The move has been encouraged by a significant growth in its direct financing business. We shifted our focus from refinancing…

#bank#financial institution#guarantee


SEDF and IDLC to promote SME-focused Bogra branch

The IDLC Bogra branch is essentially focused on financing the SMEs in the region. The branch started its operations in…


Bank of Ayudhya, Bangkok aims for top spot with...

Surecomp, a leading provider of trade finance solutions for the banking and financial market, today announced that Bangkok-headquartered Bank of…


New SME credit guarantee fund planned

Southern economic hub Ho Chi Minh plans to set up a credit guarantee fund for small- and medium-sized enterprises (more…)

#guarantee#guarantees#Produce

PNB launches Super Trade finance scheme

Punjab National Bank (PNB) has introduced a new scheme named Super Trade for financing traders and services sector. Under this…

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