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Asia

SFS establishes own leasing company in China

Siemens Financial Services (SFS) is expanding its financing business into the Chinese market. The company announced the launch of a proprietary leasing company in China, the “Siemens Finance and Leasing Ltd” (SFLL). SFLL has been awarded the leasing licence by...

#financial services#international#leasing

SME Bill plans to increase investment limit to Rs...

The government will raise the investment limit for small scale units from Rs 1 crore to Rs 5 crore in…


Commerce ministry urged to rejuvenate PEFGA

President Union of Small & Medium Enterprises (UNISAME) Zulfikar Thaver said the Ministry of Commerce should rejuvenate Pakistan Export Finance…

#exporters#guarantees#international


Basel II accord unlikely to curb S Korean lending...

A new international agreement on banks' capital adequacy is unlikely to sharply cut their lending to smaller companies, South Korea's…

#bank#banks#international


China EXIM Bank Dalian to provide loan to Liaoning...

The Dalian Branch of the Export-Import Bank of China (China EXIM Bank), the only export-orientated policy bank in China, will…


External commercial borrowing market offers factoring services

Banks and financial institutions are tapping the external commercial borrowing (ECB) market for raising short-term funds even though the government…


OCBC loans for SMEs to increase by 25% this...

OCBC Bank (M) Bhd expects to approve RM5 bn in loans for small- and medium-sized enterprises (SMEs) this year, up…


Siam General Factoring merger plan tipped to have collapsed

A planned merger between Siam General Factoring (SGF) and Advance Finance has been derailed. A source said the deal's collapse…


EC-funded project to boost SME development

The European Commission-financed Small and Medium Enterprise Development Fund (SMEDF) project in support of Vietnam’s small business was officially launched…

#bank#European Commission#small business


Exports hit US$6.7bn in first quarter

Vietnam’s exports remained strong in the first quarter of this year, according to official figures. In the first three months,…


Standard chartered targets SME loan growth

Standard Chartered Bank Malaysia Bhd expects a 30-to 40 per cent growth in loans to small- and medium-sized enterprises (SMEs)…

#bank#financial services#SME lending


Credit bureau launched to speed up SME loans

Small- and medium-sized enterprises (SMEs) will find it easier and faster to get loans with the launch of a central…

#bank#DBS#DBS Bank

S Korean smaller manufacturers eye better business in second...

Business confidence for small- and medium-sized enterprises (SMEs) in South Korea hit a three-year high for the coming quarter, a…

#bank#economic recovery#economy

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