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Asia

SIDBI to get US$120m from World Bank

Small Industries Development Bank of India (SIDBI) is expecting US$120m from World Bank and another US$30m pound from UK-based Department for International Development (DfID) shortly for boosting credit to small companies. The bank is also planning to raise about Rs...

Micro Finance Bank gets award

Consultative Group to Assist the Poor (CGAP), a subsidiary of the World Bank has awarded the international ‘Honourable Mention’ 2004…

#bank#compliance#international


Corporate failures lowest in 15 years

A total of 260 small- and medium-sized enterprises (SMEs) nationwide went bankrupt in February, the lowest level in 15 years,…

#bank#Bill#smes


Chinas automatic licensing system affect SMEs in steel sector

Nearly a thousand small- and medium-sized private steel enterprises that have just gone out of the macro-control shade in 2004…

#international#Produce#smes


North China city supports small businesses

North China's Tianjin Municipality plans to adopt preferential policies to help set up 1,000 new small and medium-sized technological businesses…


Korea Development Bank to aid small firms

Korea Development Bank, the nation's largest state-owned lender to companies, said it will offer 5000bn won (US$5bn) in loans this…


Small Business Corporation and thrift banks to boost lending...

The government-owned Small Business Corporation (SBC) and private thrift banks have pledged to help push forward economic activities in the…


EXIM lends US$18m to Swiss shipping firm

The Export-Import Bank of Korea said it has signed a contract with a Swiss shipping company to lend US$188 million…

#bank#exporters#exports


HBL lends Rs50m to SME sector

President Habib Bank Ltd (HBL) Zakir Mahmood has said that the bank lent Rs50 bn so far to SME sector…


Banks bad loan ratio falls

Commercial banks have reduced bad loan ratios as they strengthened credit analyses and cut loans to borrowers with low credit…

#bank#banks#economy


State Bank approves financing for export oriented projects

Qasim Nawaz, joint director of State Bank of Pakistan said the modalities of long term financing for export-oriented projects at…

#bank#exports#smes


ADB, USAID raise assistance for micro financing

The Asian Development Bank (ADB) and the United States Agency for International Development (USAID) have doubled their financial assistance and…

Indonesia banks to offer 60.4 trillion rupiah in new...

Bank Indonesia said the banking system is committed to providing this year new loans of 60.4 trillion rupiah to small-…

#bank#banks#crisis

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