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Asia

Retail financier moves to unsecured loans for SME owner...

The consumer finance company Krungthai Card has launched a new personal instalment loan product aimed at small-business owners. The non-collateral loan offers credit lines from one million to four million baht (US$24,000 – US$97,000), claimed as the largest in the...

Prime Minister orders Export-Import Bank of Thailand to study...

More than 10bn baht (US$242m) in government loans could be at risk following the purge of Prime Minister Khin Nyunt…


Rural bankers get assistance to improve SME credit access

The Rural Bank Association of the Philippines has entered into an agreement with two government agencies and a Philippine-German group…


Absence of a clear legal framework hampers factoring industry

Total factoring turnover in India increased to US$1,427m in 2003, from US$1,367m the year before, according to the global industry…

#bank#global trade#international


SIDBI to hike credit to Kerala SMEs

The Small Industries Development Bank of India (SIDBI) has adopted new instruments and avenues for deploying credit to the small-…


ADB pledges US$50 million for SME development programme

The Asian Development Bank (ADB) has agreed to provide about US$50 million to the Bangladeshi government-sponsored small- and medium-sized enterprise…

#ADB#Bangladesh bank#bank


China boosts export credit insurance for agricultural products

According to statistics, insurance premiums on the export of agricultural products increased by more than 70 per cent in the…


Export insurance and credit

The Pakistan Insurance Corp (PIC) administers an export-credit-guarantee scheme that deals with all exports not covered by letters of credit.…

#bank#exporters#guarantees


Industrial Bank of Korea vows to keep lending to...

The state-owned Industrial Bank of Korea (IBK) said yesterday that it will continue to increase lending to small- and medium-sized…

#bank#banks#economy


SME survey shows what managers think about current conditions...

In a survey of 1,761 small- and medium-size enterprises (SMEs) nationwide by the Industrial Bank of Korea, 41.9 per cent…

#bank#cash-flow#financial services


HSBC expands branch network in mainland China

The Hongkong and Shanghai Banking Corporation Limited (HSBC) has further expanded its network to 10 branches in major cities across…

#bank#banking services#financial services


Corporate bankruptcies show 18% fall

Corporate bankruptcies in Japan fell in the six months to September for the third consecutive half-year, but rising oil prices…

Ministry targets agriculture exports growth, vows improved export credit...

China’s Ministry of Commerce (MoC) has set a target of at least US$40bn in agricultural exports by 2013 and no…

#bank#Bank of China#export credit insurance

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