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Asia

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 large number of innovations and contribute to the growth of the national economy. SMEs represent over 90% of enterprises in...

#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


KDB to extend won 4.8 trillion in new loans

State-run Korea Development Bank (KDB) on Wednesday announced plans to provide 3 trillion won to small-and medium-sized enterprises (SMEs). In…

#bank#banks#smes


Karnataka bank announces record profit – SMEs lending is...

Karnataka Bank has posted a record profit of Rs133.17 crore in 2003-2004. The Bank has continued to focus on lending…

#bank#banks#insurance


Loans to SMEs up 5% in January-September

The banking industry gave out 5 per cent more loans to small- and medium- sized enterprises (SMEs) for the first…


Chamber speaks out on credit facilities for SSIs

The Tamil Nadu Chamber of Commerce and Industry, while appreciating the Reserve Bank of India's (RBI) firm decision against a…


New joint venture to offer unsecured loans

Chuo Mitsui Trust and Banking Co. and Nissin Co. agreed to form a joint venture focusing on loans for smaller…

Centurion Bank to securitise loans to SMEs

Centurion Bank would look for securitisation of some of its lending portfolios to small- and medium- sized industries, including commercial…

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