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Asia

ADB to inject investment in Chinese SME credit guarantee...

The Asian Development Bank (ADB), a financial institution dedicated in reducing the poverty and promoting the economic development in Asia, is said to have acquired a minority stake in the holding company of Shenzhen Credit Orienwise Co., Ltd. (Credit Orienwise),...

#ADB#bank#financial services

ADB to help promote SME development

Through a loan package approved today for US$100 million, the Asian Development Bank (ADB) will help create a business environment…


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…


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

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