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Asia

HSBC and DBP to support microfinance sector

The enthusiasm towards poverty alleviation has increased as The Hongkong Shanghai and Banking Corp. (HSBC) one of the global financial players and one of the country’s premiere development banks has increased its focus on microfinance. HSBC has expressed interest in...

#ADB#bank#international

Asia Development Bank to guarantee banks’ clients export-import activity.

The Technological and Commercial joint-stock bank (Techcombank) and the Asia Development Bank (ADB) have signed an agreement on cooperation in…

#ADB#bank#exports


SME development task force proposes venture capital fund and...

The working committee on finance formed by the National Small and Medium Enterprises Development Task Force (NSDTF) has proposed to…


SMEs remain core business for HSBC

HSBC Bank Malaysia Bhd (HSBC) will open more commercial banking centres throughout the country as part of a move to…


First credit guarantee fund for SMEs approved

Ho Chi Minh City People's Committee has approved the establishment of the first credit guarantee fund to support small- and…


Shanghai banks urged to support SME development

The Shanghai Bureau of the China Banking Regulatory Commission has urged commercial banks and rural credit cooperatives in the city…


Bankers warn capital outflow to bonds market heralds squeeze...

In a meeting with Bank of Korea (BOK) presidents of commercial banks said there is a possibility of active capital…


Government to set up export insurance guarantee fund

The government of India is to set up an Export Insurance Guarantee Fund of Rs 20bn (US$444.3m) to provide risk…


SGF reports factoring income down 29%

Refering to the auditor report of Siam General Factoring Plc. at the end of September 2004 and 2003 the company…


BBL expects total credit to SMEs in 2005 to...

Bangkok Bank Plc (BBL) said its total credit next year is expected to grow by 5-6 per cent from this…


Financial intelligence unit to be set up to track...

India finally has a financial intelligence unit (FIU) for tracking money laundering offences. The Cabinet today gave its nod to…

#anti-money laundering#international#Two


US$7.5bn subsidiary for exporters

State Minister Kursad Tuzmen announced that exporters will be subsidized in 2005 with a US$7.5bn fund from Eximbank. Tuzmen pointed…

RBI panel proposes two-tier system for debt restructuring of...

A Reserve Bank of India (RBI) panel constituted to evolve a debt restructuring system for small-and medium-sized enterprises (SMEs), has…

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