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Today Hong Kong's central bank raised the basic interest rate at which local banks borrow money, by (more…)
The SME Credit Bureau, an online database of local enterprises and their credit history, has been launched, enabling companies and…
The factoring industry in India is finally coming out of its embryonic stage with several private banks, such as (more…)
Bankers today asked the Reserve Bank of India (RBI) to formulate a uniform definition of medium enterprises and standardise (more…)
#bank#credit risk#risk
HSBC is launching factoring services, as part of its initiatives for the small- and medium-sized enterprise (SME) sector (more…)
#bank#credit protection#smes
The newly-formed SME Bank, a government-owned bank devoted entirely to the development of small- and medium-sized enterprises (SMEs), will commence…
#bank#banks#funding
Standard Poor's (S P) Ratings Services raised its long-term ratings by one notch to (more…)
Software firm 3i Infotech, formerly ICICI Infotech, will invest in product development and (more…)
#acquisition#international#management
Bai Tushum Financial Fund, one of the leading microfinance institutions (MFIs) in the Kyrgyz Republic, is the first corporation in…
#bank#financial institution#international
Standard Chartered Bank Malaysia Bhd is confident of growing its small- and medium- scale enterprise (SME) business by 20% year-on-year…
Mumbai-based Global Trade Finance Pvt Ltd (GTFL), a factoring and forfaiting services company, is planning to (more…)
#bank#bonds#global trade
Second Finance Minister Tan Sri Nor Mohamed Yakcop announced yesterday that Bank Pembangunan Infrastruktur Malaysia Bhd and Bank Industri Teknologi…
#bank#exporters#forum
Korea's regional banks are expanding loans to small- and medium-sized enterprises (SMEs), but Seoul-based major lenders are (more…)
#bank#insolvency#risk