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Asia

KBANK to focus on broadening SME base this year

Kasikornbank Plc plans to expand aggressively into the small- and medium-sized enterprises (SMEs) base by setting a target to lend more than 320 billion baht to the group this year. Pakorn Pantanapaet, senior director supervising the commercial corporation business, said...

Indonesia's bank Danamon to offer 52% more credit this...

PT Bank Danamon Indonesia will disburse Rp15 trillion (US$1.66m) in new credits this year or a 52 per cent increase…


SIDBI planning to acquire stake in commercial banks

Small Industries Development Bank of India (SIDBI) today said it is in talks with 3-4 commercial banks for stake, so…

#bank#banks#liquidity


S Korean government to invest US$998m to help venture...

The government plans to invest 1 trillion won (US$998m) into fund of funds (FoFs) that will provide money to venture…


Tokyo bank set to open doors for SMEs in...

ShinGinko Tokyo Ltd., a bank set up by the Tokyo Metropolitan Government, will open for business on 1 April, said…

#bank#smes


UFJ Bank targets smaller firms with unsecured loans

In a move to bolster business with small- and medium-sized enterprises (SMEs), UFJ Bank plans to provide a total of…

#bank#bonds#smes


Government to launch micro financing year

The government is set to kick off the Year of the Micro Business and will allocate Rp 50 trillion (US$5.4bn)…


Leasing sector fully open soon

China is going to completely open its leasing industry to foreign investors in the near future, said the Ministry of…

#banks#management#regulation


Banks establish their credit bureau

The Korea Credit Bureau, an agency created by 11 Korean financial companies, was officially set up yesterday to help banks…


SME Bank to create 5,000 new entrepreneurs

The Small and Medium Enterprises Development Bank of SME Bank announced its lending plan in accordance with the government's policy…


Japan venture partners jointly guarantee loans in new scheme

Hachijuni Bank and the Development Bank of Japan have developed a new lending scheme in which a group of smaller…

#bank#financial institutions#guarantee


Sidbi gave Rs 11,300 cr to SSIs

Small Industries Development of Bank of India (Sidbi) disbursed Rs 11,300 crore to the small scale industry (SSI) sector during…

Davao traders to boost support for SMEs

Newly appointed Trade and Industry Secretary Juan Santos is eyeing a strong support system for small- and medium-sized enterprises (SMEs)…

#Boost#Marco Polo#smes

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