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Asia

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 small-and medium-sized enterprise (SME) loans to encourage further lending by financial institutions to the sector. The interest subsidy provided by...

#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


Fintel plans new strategy to capture Chinese SMEs and...

Financial Telecom Limited Inc. (Fintel Group) www.fintel.com, announced today that its board of directors has appointed Mr. David Chen to…


SMEs‘ access to formal finance needs to increase –...

A survey on small-and medium- sized enterprises (SMEs) found the SMEs in food, leather, electronics and garment sectors to be…


Private SMEs enter fast-growth period

China's private small-and medium-sized enterprises (SMEs) have entered a period of fast growth. From 2000 to 2004, the nation saw…

#economy#GDP#smes


ECGC signs agency agreement with Andhra bank

Export Credit Guarantee Corporation of India Ltd. (ECGC) and Andhra Bank signed a Corporate Agency Agreement for marketing of ECGC’s…


India's Export Credit Guarantee Corporation increases equity base

India's Government have decided to enhance the equity base of the Export Credit Guarantee Corporation of India Ltd. (ECGC) from…


ECGC opens Tuticorin branch

Export Credit Guarantee Corporation (ECGC) has decided to open satellite branches at upcoming export centres in the country. ECGC has…


KOTEC acts as cheerleader for small firms

Around 3 million small-and medium-sized enterprises (SMEs) have been the backbone of the Korean economy. But many of them are…

#financial services#management#risk

Pakistan launches funds to promote small enterprises

The Pakistani government has launched three special funds to promote small-sized enterprises (SSIs). The Asian Development Bank credit guarantee fund…

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