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Asia

Lack of access to credit impedes SMEs growth

Bangladesh Bank (BB) Governor Fakhruddin Ahmed has said lack of access to credit is considered one of the most serious impediments to the growth of the small-scale industry sector, which is vital for employment generation in the country. "The main...

Individual investment abroad tops US$300m in 9 months

Overseas direct investment by South Korean individuals surpassed the US$300m mark for the first nine months of the year, hitting…


India and Germany look at SME synergies

With Indian companies queuing up to set up base in Europe, several government agencies are doing their bit to attract…

#conference#forum#innovation


Government to write off bad loans owed by SMEs

The Ministry of Finance is preparing a government regulation that will enable state-owned banks to write off bad loans owed…

#banks#crisis#regulation


Credit rating for small firms units likely to be...

To boost credit flow to the small-scale sector, the government is likely to introduce a credit rating scheme for small-scale…


Central bank guidelines for consumer & SME financing

The Bangladesh Bank (BB) has issued prudential guidelines for consumer financing and small enterprise financing to protect the interest of…


RBI steps in to improve credit flow to SSIs

According to the World Intellectual Property Organisation (WIPO) small- and medium- sized enterprises (SMEs) are the driving force behind a…

#bank#exports#SME financing


StanChart focuses on SME lending as Central Bank removes...

Since the 1970s, the government had imposed various regulations to give an edge to local lenders. But this is expected…


Overseas investment backed with favoured loans

Despite the central bank's recent hike in interest rates, Chinese companies will continue to enjoy low-interest loans when they invest…

#bank#Bank of China#exports


EXIM Thailand posts 39.32% on year fall in q3...

The Export-Import Bank of Thailand (EXIM) registered a net profit of 125m baht (US$3m) for the third quarter of 2004,…

#3M#bank#interest


Small business fund created

The state-run Small Business Corp. will establish a 20 billion won (US$17.9m) fund to help create jobs for small- and…

#Jobs#small business#smes


Late payments, defaults fall

In a further sign of the continued recovery of the economy, late payments and defaults by Hong Kong businesses have…

SBI Factors aiming for 20% quarter-on-quarter growth and to...

State Bank of India (SBI) formed its factoring company, SBI Factors (SBIF) in collaboration with UBI and SIDBI in 1991.…

#bank#capital requirements#receivables

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