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Asia

Central Bank interest rate decision announced

Following its evaluation of the latest economic developments, the Central Bank (CB) has decided to reduce interest rates for the fifth time this year. The overnight and weekly interest rates have dropped by 0.5 points. The total reduction since the start...

#bank#inflation#interest

Bill seeks to extend progressive credit facilities to SMEs

The government today introduced the Small and Medium Enterprises Development Bill, 2005, in the Lok Sabha, seeking to enhance the…

#bank#investment#management


EXIM Bank sees rise in Q1 net profit

The Export-Import Bank of Thailand (EXIM Bank) announced yesterday that its net profit in the first quarter 2005 rose 8.5…

#bank#Exim Bank#interest


Denizbank announces SME lending surge of 147% in Q1

Denizbank, Zorlu Group's financial arm, has posted net earnings of TRL72 million for the first quarter of the year. The bank's…


Hong Kong ranks number two for competitiveness behind USA

According to the HK Commercial Daily, a report to be released by the Swiss IMD on global competitiveness in 2005…

#Two


New HSBC CEO in China

Richard Yorke, deputy chief executive China Business of The Hongkong and Shanghai Banking Corporation Limited (HSBC), has been appointed chief…


More than a third of SME’s seek extra financing

More than a third of small- to medium-sized (SMEs) businesses sought additional funding in the year to last August, Statistics…

#business finance#debt finance#funding


Exim Bank loan disbursement up 64% in 2004-05

Loan disbursement by the Export Import Bank of India rose by 64 per cent to Rs 11,435 crore in 2004-05,…

#bank#bank loan#Exim Bank


Vietnam – Germany joint SME development project winds up

As many as 18,000 small- and medium-sized enterprises (SMEs) of Vietnam have benefited from a Vietnam-Germany project on SME development…

#international#Jobs#management


Senior executive appointment in Mainland China

Dicky Yip, chief executive China Business of The Hongkong and Shanghai Banking Corporation Limited has been appointed vice president of…


SULONG loans target set at P310bn in 5 years

The government is targetting a total of P310bn (US$5.7bn) allocation up to 2010 under the SME Unified Lending Program for…


Siam Commercial Bank to launch factoring services

Siam Commercial Bank yesterday announced that it would set up a new business unit to offer factoring services to small…

New loans for SMEs from TOBB

The Turkish Union of Chambers and Commodities Exchanges (TOBB) has announced it will lend YTL 100m (Ђ55m) to small- and…

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