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The Pakistan Insurance Corp (PIC) administers an export-credit-guarantee scheme that deals with all exports not covered by letters of credit. The plan encourages exports by underwriting financial risks not covered by normal insurance guarantees, including pre-shipment risks; it pays 80%...
#bank#exporters#guarantees
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
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
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 in Japan fell in the six months to September for the third consecutive half-year, but rising oil prices…
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
Citibank Korea, formed through the US group's US$2.7bn takeover of Koram, is aiming to lift its share of South Korea's…
According to Aniqul Islam, chief executive of the DCD-JS Factors Limited: “At present about 20 per cent of Pakistan’s export…
The Monetary Authority of Singapore (MAS—the central bank) and Export Credit Insurance Corporation of Singapore (ECICS) are Singapore’s two key…
Export Import Bank of Bangladesh Ltd (EXIM) will make debut on Chittagong Stock Exchange (CSE) tomorrow (Saturday). The bank has…
The Export-Import Bank of China (China Exim Bank) has pledged to expand buyer's credit to improve export support for Chinese…
#bank#exports#financial services
Commercial banks are facing a new dilemma. In a trend reversal, banks are facing a peculiar situation of falling deposit…
#bank#banks#interest rates
The prolonged credit crunch period brought about by the 1997 Asian crisis has precipitated the need to develop a credit…
#bank#bank loan#crisis