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Asia

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 commercial borrowings (ECBs). The Reserve Bank of India (RBI) had barred the access of finance companies including banks to ECBs...

#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


NBP advocates cashflow-based lending to finance SMEs, will increase...

The National Bank of Pakistan (NBP) has found great potential for the growth of the small-and medium-sized enterprise (SME) sector…


Rate hike hits export loans

Banks will charge 5 per cent maximum markup on export loans in December 2004. To May 2004 they were charging…


World Bank announces development loan to improve SMEs’ access...

The World Bank has approved a US$120m loan to support the development of India's small-and medium-sized enterprises (SMEs). The loan…

#bank#management#risk management

Joint Rs 500-cr SME fund announced

Small Industries Development Bank of India (Sidbi), Punjab National Bank (PNB) and Union Bank of India are coming together to…

#bank#banks#risk

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