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Asia

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 addition, it will set aside 1.8 trillion won for existing corporate borrowers to extend maturing loans. KDB said it would...

#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…


EXIM Bank Bonds rating assigned on government support and...

Standard & Poor’s (S&P) on Wednesday assigned an ``A-‘’ senior unsecured foreign currency debt rating to the Export-Import Bank of…

#bank#bonds#Exim Bank


Reserve Bank proposes prudential norms for FIs bad loans

The Reserve Bank of India (RBI) has proposed new norms for bad loans of financial institutions saying that their assets…

#bank#Exim Bank#financial institutions


SME Bank and THAI join hands to give factoring...

The Small and Medium Enterprise Development Bank of Thailand (SME BANK) has teamed up with Thai Airways International Public Company…

#bank#interest rates#international


SSI loans get 'core' tag, ceiling hiked to Rs...

The Reserve Bank is trying to boost credit flow to the small scale industries (SSIs) and farmers. The RBI, in…


Hong Kong forms credit risk assessment agency for small,...

The Hong Kong Monetary Authority, the Hong Kong Association of Banks (HKAB) and two other organizations have jointly set up…

#Commercial Credit#credit risk#management


SIDBI launches venture fund for SMEs

The Small Industries Development Bank of India (SIDBI) has launched the small- and medium- sized enterprise (SME) growth fund, a…

#bank#banks#risk

Swiss offer US$15m investment funding for SME sector

Indian small- and medium-sized enterprises (SMEs) have been asked to take advantage of the US$15m investment funding from the Swiss…

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