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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 lending to small- and medium-sized enterprises (SMEs) rose by 147 per cent to TRL563 million, according to the statement.  Denizbank...

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…


China central bank will not set up policy banks...

The central bank will not set up new policy banks to lend to small- and medium-sized enterprises (SME) and commercial…


Ho Chi Minh City to set up credit insurance...

Vietnam's largest city plans to set up a credit insurance fund for its small- and medium-sized enterprises (SMEs) with a…

Mitsui Sumitomo Insurance makes inroads into credit insurance market

Mitsui Sumitomo Insurance Bhd expects to underwrite between RM1 million and RM3 million worth of premiums for its credit insurance…

#bank#export credit insurance#insurance

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