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Asia

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 (8MP) period than during the entire duration of the 7MP. During the 7MP (1996-2000), the government agency gave the nod...

#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


Brunei SMEs call for improved access to financial facilities

Local small- and medium-sized enterprises (SMEs) have called for the setting up of a bank catering solely to their needs,…

#bank#banks#SAFE


Pact with WB on SMEs financing

India and the World Bank have signed a loan agreement on small- and medium-sized enterprises (SMEs) financing and development project.…

#bank#risk#SME financing


PEAC Jakarta unit launched to boost SME financing access

In an effort to help develop and empower small-to medium-sized enterprises (SMEs), a Jakarta unit of an agency designed to…

#bank#international#SME financing


58% SMEs confess having financial dificulties

A recent study by the Korea Federation of Small and Medium Businesses showed that 58.3 per cent of 310 small-…


S Korea's Exim bank to offer factoring to exporters

State-run Export-Import Bank of Korea said Monday it will provide 500 billion won (US$488m) this year to local exporters by…

#bank#credit risk#exporters


Malaysia to set up SME development bank

Malaysia will set up a development bank to assist small- and medium-sized enterprises (SMEs) in 2005, Prime Minister Abdullah Ahmad…


AXA Affin's trade credit insurance

AXA Affin Assurance Bhd has expanded its insurance products with the launch of trade credit insurance on 31 January, which…


US$25m Philippine pte equity fund launched to bolster SMEs

The government's efforts to support small- and medium-sized enterprises (SMEs) nationwide was bolstered with the launching in Malacanang, the presidential…

EXIM Bank to play greater role in developing SMEs

The Export-Import Bank of Thailand has restructured its core functional units, aimed at developing small- and medium-size enterprises (SMEs) in…

#bank#exporters#exports

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