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Asia

Bombay Stock Exchange launches IndoNext for SMEs

Finance minister P Chidambaram today launched BSE IndoNext, a joint project promoted by the Bombay Stock Exchange and the Federation of Indian Stock Exchanges to create a national trading platform for small- and medium-sized enterprises (SMEs). "IndoNext would be a...

#Jobs#liquidity#smes

South Korea to increase loans to SMEs in 2005

The South Korean government will increase direct loans to small- and medium-sized enterprises (SMEs) in 2005, as private lenders have…

#banks#economy#management


Government to facilitate financing to SME sector

The Indian government has said it is in the process of developing a review mechanism to find out the number…

#banks


3bn baht fund to be set up to help...

Local bankers and capital market organisations are setting up a three-billion-baht venture capital fund to assist small businesses hit by…

#bank#banks#insurance


RBI should fix SSI lending target for banks house...

The Parliamentary Committee on banking feels that the Reserve Bank of India (RBI) should fix targets for individual banks for…


Indonesia allocating 138 bn rupiah to revitalize SMEs in...

The government is allocating 138 bln rupiah to revitalize small- and medium-sized enterprises (SMEs) in the tsunami-hit Aceh province, Kompas…

#ADB#Asian Development Bank#bank


IBK to lend 20 trillion won to SMEs

The Industrial Bank of Korea will lend 20 trillion won (US$19bn) to small- and medium-sized enterprises (SMEs) this year, up…

#bank#Boost#funding


Krung Thai Bank aims to lend 40 billion baht...

State-owned Krung Thai Bank PCL (KTB.TH) plans to increase loans to small- and medium-sized enterprises (SMEs), by 40 billion baht…

#bank#SME loans#smes


FIM Bank acquires 38.5 per cent stake in GTF

First International Merchant (FIM) Bank has acquired 38.5 per cent stake in Global Trade Finance (GTF)-26 per cent of the…

#bank#global trade#international


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…

#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…

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