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Asia

Banks beef up export factoring

Four local banks have joined the Factors Chain International (FCI) to provide the factoring service to local exporters, while two more (more…)

Bank of India sets exim finance target

Bank of India is aiming to increase substantially its export-import finance this year with a target of (more…)

#bank#exports#international


Vijaya Bank signs MoU with SME rating agency

Financing the SME sector is being accorded top priority by Vijaya Bank; the bank is aiming at doubling its (more…)

#bank#smes


Internet SME credit bureau launched

Malaysia's 700,000 small- and medium-scale enterprises (SMEs) can now check the financial standing of their future business partners via (more…)


New financial support approved for innovative SMEs

Under the package, the state-run Korea Development Bank will increase the amount of funds that can be borrowed by innovative…


Export insurance jumps as firms hedge on won

Korean companies rushed to buy insurance against foreign exchange risks last year to hedge against swings in the value of…

#insurance#risk#risks


New SME invoice discounting finance scheme launched

The bank said these products will benefit SMEs by lowering financing costs without (more…)


Strong won hurts small exporters

According to a survey of 113 companies by the Korea Federation of Small and Medium Business  (more…)


Ministry SME failure statistics ‘are fundamentally flawed’

New research shows that mall businesses are being wrongly stereotyped as having failure rates of 70 per cent or more…

#conference#GST#international


China's policy banks step into new phase of development

China pledges to start reforming its three policy banks, namely China Development Bank (CDB), the Export-Import Bank of China (EIBC)…

#bank#commercial finance#conference


Exim Bank signs Rs 2,295 crore credit this year...

Export Import Bank of India (Exim Bank) has signed the maximum lines of credit this year, totalling (more…)

#bank#Exim Bank#exports


Exim Bank to provide support for SMEs of 4,5tn...

The Export-Import Bank of Korea will increase financial aid to the nation's exporters by (more…)

Canadian banks focus on trade finance after regulatory approval...

Two of Canada's most international financial institutions have received regulatory approval to (more…)

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