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Asia

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 that it can get a direct lending window to the small- and medium-sized enterprise (SME) sector. Since SIDBI's core business...

#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


Second foreign bank enters factoring market in Vietnam

The State Bank of Vietnam (SBV), Vietnam's central bank, has allowed the US Far East National Bank (FENB) to provide…

#bank#banks#Deutsche Bank

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,…

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