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Asia

IDB plans US$30m loan for local SMEs

The Islamic Development Bank (IDB) is to extend a US$30m loan to Indonesia's small and medium- sized enterprises through three national banks next year, a senior official with the international institution said. IDB representative for Indonesia Charmeida Tjokrosuwarno said a...

Ample funds to help boost SMEs

The amount of loans given to small and medium enterprises (SMEs) for the first six months of 2004 annualised has…

#bank#banks#funding


Kyrgyz Ineximbank receives syndicated credit to finance trade

Kyrgyzstan's Ineximbank signed a credit agreement for a syndicated credit of US$5m during the fifth conference of CIS and Baltic…

#bank#banks#conference


Five banks pledge contribution for HCM City's credit guarantee...

Five local commercial banks have committed to contribute part of the required capital for the establishment of Ho Chi Minh…

#bank#BIDV#guarantee


Singapore small- and medium-sized enterprises credit bureau to be...

Small- and medium-sized companies (SMEs) in Singapore may soon have easier access to financing. A new SME credit bureau will…

#banks#channel#risk


Korea's Exim bank provides US$354m to Indian power project

For its first loan to the Indian power sector, Korea's Export-Import Bank will provide US$354m to state-run National Thermal Power…

#bank#Exim Bank#i


HSBC offers new small business loan with fast approvals

Small-to-medium businesses can now apply for a loan with HSBC by simply providing a copy of their MPF contribution statement…


Reluctance hampers lending to Cebu SMEs

Reluctance on the part of both borrowers and lenders is hampering lending to small- and medium-enterprises (SME) in Cebu, a…


Banks lend US$3.9bn to SMEs, Jan-Jul

The banking sector channelled credits totalling Rp35.9 trillion (US$3.9bn) to small- and medium-enterprises (SMEs) in the January-July period this year,…

#bank#banks#GDP


Capacity utilization of S.Korea's SMEs dips in August

South Korea's small-and medium-enterprises (SMEs) saw their operating rate inch down in August from July following a prolonged business slump,…


Banks expected to post record yearly net profit

South Korean banks will likely post a record high net income of more than 7trillion won (about US$6.1bn) this year…

#bad debts#bank#banks


Banks channel Rp35.9 trillion in credits to SMEs

The banking sector channelled credits totalling Rp35.9 trillion to small-and medium- enterprises (SMEs) in the January-July period this year, Deputy…

Indian Sbi-Canara bank Jv begins operations in Moscow

The Commercial Bank of India LLC (CBI), a joint venture between public sector Canara Bank (BSE:CNBK) and State Bank of…

#bank#guarantees#SBI

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