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Asia

Yes Bank to raise Rs100cr capital for SMEs business

Yes Bank plans to raise Rs 100-crore Tier II capital through redeemable convertible bonds. The managing director and chief executive officer, Rana Kapoor, said the bank was in talks with multi-lending institutions and would finalise the deal by June. It...

Surecomp opens Beijing office

Surecomp, a leading provider of trade finance, factoring and reconciliation solutions for the banking and financial market, announced the opening…

#AI#Hi#i


Japan government to expand loan guarantee programme for SMEs

The Ministry of Economy, Trade and Industry plans to expand its loan guarantee programme for small- and medium-sized enterprise (SMEs)…

#guarantee#guarantees#smes


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…


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…

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