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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 stake from WestLB AG and 12.5 per cent of the stake from International Finance Corporation (IFC). FIM Bank plans to...

#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…


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…

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