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Asia

ECGC credit to be slashed by 50 per cent...

Export Credit Guarantee Corporation of India (ECGC) has decided to reduce the eligible credit limit by 50 per cent or to deny insurance cover to exporters whose buyers are their own overseas associate firms. It would be issuing a notification...

#bank#exporters#guarantee

Philippine banks provide smaller loans to SMEs in q2

The entire banking system provided smaller amounts for loans to small- and medium-sized enterprises (SMEs) in the second quarter, but…


Exim bank to boost lending and guarantees by 41%...

The Export-Import Bank of Korea, a state-run trade bank, said it will increase its lending by 41% to 24 trillion…


Introduce Basel II by 2007 – Financial Supervisory Service

The Financial Supervisory Service (FSS) said it will introduce the new Basel Accord, also known as Basel II, by 2007…


ADB agrees US$50m package for SME development

The Asian Development Bank (ADB) will support efforts of the government of Bangladesh to foster development of the country's small-…

#ADB#Asian Development Bank#bank


Governor advises bankers to invest in small businesses as...

Commercial banks are looking to lending to newer ventures under a fresh reform recipe of Bangladesh Bank, offering middle- and…


Korean loans to SMEs set to have grown at...

South Korean loans to small- and medium- sized enterprises (SMEs) are likely to have grown at a record low rate…

#bank#exports#smes


Gov't expands exchange risk insurance coverage for SMEs

The Ministry of Commerce, Industry and Energy announced that it will expand foreign exchange risk insurance coverage for small- and…


EBRD to finance Kyrgyz SMEs

Head of EBRD Jean Lemierre signed an agreement during a visit to Kyrgyzstan to provide credits totaling US$7 m and…


China's export credit insurance about to exceed US$13bn

The amount of export credit insurance China offers to its export and investment overseas is about to exceed US$13bn, 5.5…

#export credit insurance#exports#Paid


KBANK's SME loans to jump 18% next year

Kasikornbank Plc (KBANK), has forecast that figures for loans to retail customers, particularly small- and medium-sized enterprises (SMEs), will expand…

#bank#international#International Trade


Sidbi moots finance schemes for SMEs

Even though the government is making all efforts to boost credit flow to small- and medium-sized enterprises (SMEs), banks need…

Landbank to boost lending to SMEs

Land Bank of the Philippines (Landbank) aims to increase its loan allotment for priority sectors next year to 65% of…

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