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Asia

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 businesses. The new firm is expected to offer unsecured loans carrying annual rates of 15 per cent to 19.8 per...

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…


ADB sets aside US$85m for SME exporters

The Asian Development Bank (ADB) has set aside US$85m to finance export oriented small- and medium- sized enterprises (SMEs) in…

#ADB#bank#exporters


SME Bank launches remission package

SME Bank has launched its ‘loan remission Ramazan package’ to help borrowers to settle their loans and outstanding liabilities. Ihsanul…

#bank#SME bank#Two


Banks must help SMEs involved in higher- risk ventures

Deputy Finance Minister Datuk Dr Ng Yen Yen has urged banks to help small- and medium- scale enterprises (SMEs), including…

ADB lends US$200m for revival of SME sector

The Asian Development Bank (ADB) has approved a foreign loan of US$200m for restructuring, revival and development of small- and…

#ADB#bank#business finance

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