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Asia

Citibank Korea targets SMEs to increase its market share,...

Citibank Korea, formed through the US group's US$2.7bn takeover of Koram, is aiming to lift its share of South Korea's banking market by more than one-third to 10 per cent within a few years, its CEO said. In his first...

Factor opens for business in Karachi

According to Aniqul Islam, chief executive of the DCD-JS Factors Limited: “At present about 20 per cent of Pakistan’s export…


Trade financing and insurance

The Monetary Authority of Singapore (MAS—the central bank) and Export Credit Insurance Corporation of Singapore (ECICS) are Singapore’s two key…


Exim Bank floats on the stock exchange

Export Import Bank of Bangladesh Ltd (EXIM) will make debut on Chittagong Stock Exchange (CSE) tomorrow (Saturday). The bank has…


China Exim Bank to expand buyers' credit

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


Bank credit off take surges, deposit growth down

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 view from Taft

The prolonged credit crunch period brought about by the 1997 Asian crisis has precipitated the need to develop a credit…

#bank#bank loan#crisis


The view from the Taft

The prolonged credit crunch period brought about by the 1997 Asian crisis has precipitated the need to develop a credit…


Small firms time bomb for financial market

Korea's small- and medium-sized enterprises (SMEs) are a time bomb, which could shake the financial market due to surging overdue…

#bank#financial services#management


CGC seeks to guarantee more loans

Credit Guarantee Corp Malaysia Bhd (CGC) is increasing its target for guarantee of loans next year to keep pace with…


KBANK joins credit insurance agency to boost SME lending

Kasikornbank (KBANK), in co-operation with the Small Industry Credit Guarantee Corporation (SICGC), plans to offer guarantees for small businesses under…

#bank#guarantees#small business


Asian Development Bank buys stake in local credit insurer

The Asian Development Bank (ADB) has agreed to take a minority stake in privately owned credit guarantee provider Credit Orienwise…

#ABN AMRO#ADB#Asian Development Bank

Credit guarantors lacking guidelines

Credit guarantee associations nationwide provided credit guarantees for 138 loans worth 5.6 bn yen to small- and medium-sized companies (SMEs)…

#guarantee#guarantees#risk

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