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Asia

Sinosure aids exports worth US$12bn

China Export and Credit Insurance Corporation (Sinosure), the country's sole export credit agency, has underwritten a total of US$12bn worth of exports from January to November. That is a 140 per cent increase from the same period in 2003, signalling...

Government to subsidise bank interest rates on SME loans

Government will subsidise interest rates on bank loans to small- and medium-sized enterprises (SMEs) to encourage further lending said Deputy…


Sidbi's rating agency may face challenge

The Small Industries Development Bank of India's (Sidbi) proposed credit rating agency, exclusively catering to the the small- scale industry…

#bank#banks#SIDBI


Standard Chartered Nakornthon Bank global rebranding focuses on SME...

Standard Chartered Nakornthon Bank is moving aggressively to capture the small- and medium-sized enterprise (SME) lending market in Thailand, targeting…

#bank#business finance#international


Srei says Mint Road curb holding back US$100m ECB

Srei Infrastructure Finance Ltd, a project and infrastructure finance company, has sought the removal of the curb on accessing external…

#bank#banks#investment


Japan's Softbank investment, Credia to set up as trade...

Venture capital firm Softbank Investment Corp. has reached a basic agreement with consumer finance company Credia Co. to jointly set…


Bond issue proceeds destined to SMEs

Woori Bank, South Korea's second-biggest lender, has completed issuing US$166m worth of debts backed by a pool of low-grade corporate…

#ABN AMRO#bank#small business


Bank deal set to boost SME lending

Bank NISP, considered one of Indonesia's best-managed banks, will soon be owned by Singapore's third-largest bank, Oversea-Chinese Banking Corp (OCBC),…

#bank#international#management


S Korean bank loans to smaller firms plunge in...

South Korean bank lending to small-and medium-sized enterprises (SMEs) fell by the largest amount in over three years in November…


Exporters hit out at export refinance rate

Textile export of the country faces a problem of high export refinance rates at 5 per cent coupled with 13.1…


P18B in SME loans under Sulong programme in first...

According to the government-run Small Business Guarantee and Finance Corp. (SB Corp) lending to small-and medium-sized enterprises (SMEs) reached a…


Citigroup in takeover to enter Korea’s NPL restructuring market

Citigroup Inc., the world's largest financial service company, said it has completed the acquisition of Lend Lease Korea Ltd., a…

#acquisition#bank#crisis

SME development council to introduce incentives to improve access...

The National Small and Medium Enterprise Development Council has agreed to the introduction of an interest subsidy and securitisation of…

#bank#risk#securitisation

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