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Asia

Banks struggling to shed bad SME loans

South Korea’s major commercial banks are suffering from overdue loans to households and small- and medium-sized enterprises (SMEs). Of banks, Woori Bank posted the biggest increase in non-performing loans (NPLs) in January. NPLs in households soared 0.4 percentage point from...

ICCB's help for tsunami SMEs

The International Chamber of Commerce - Bangladesh (ICCB) has set up a Reconstructing Small Business Fund (RSBF) to extend assistance…


Sidbi, PB and OBC to set up a rating...

"Punjab National Bank, Oriental Bank of Commerce and Small Industries Development Bank of India will set up a rating agency…


Export insurance programmes in Hong Kong

The great majority of Hong Kong exporters do not have credit insurance, but trade on an unsecured or letter-of-credit basis.…


State financing firms to support OTOP programme for SMEs

Government financial institutions (GFIs) involved in the SME Unified Lending Opportunities for National Growth (SULONG) programme will provide financing to…

#bank#financial services#management


Firms increasingly loom to Hong Kong for factoring

There are ten factoring companies in Hong Kong; they had a total turnover of Ђ3.25bn in 2003, according to Factors…

#bank#global trade#international


Exim Thailand’s 2004 net profit drops 33%

The Export-Import Bank of Thailand (Exim Thailand) said its 2004 unaudited net profit fell by 33 per cent compared to…


Sidbi wants stake in a bank to serve SMEs

Small Industries Development Bank of India (Sidbi) has submitted a proposal to Finance Minster P Chidambaram for taking a strategic…

#bank#banks#SIDBI


Planters Bank expands loan portfolio to P19B this year

The Planters Development Bank (Planters Bank) will be expanding its loan portfolio from over P15 bn last year to P19…


More Smidec loans, grants approved

Small and Medium Industries Development Corp (Smidec) has approved more loan and grant applications in the current 8th Malaysia Plan…

#international#International Trade#smes


Bigger is better for AmBank

The merger of the AmBank Group's commercial bank and finance company's operations will allow it to grow with SMEs. The…


New SME bank to include easier access to funding...

Financial assistance for small- and medium-sized enterprises to invest in information and communications technology (ICT) systems should be included as…

#bank#banks#financial institutions

SMEDA calls for SME credit guarantee

Small and Medium Enterprise Developmental Authority, (SMEDA) has recommended early establishment of SME Credit Guarantee (SCG) and Credit Insurance Funds…

#bank#exports#international

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