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Small-to-medium businesses can now apply for a loan with HSBC by simply providing a copy of their MPF contribution statement and rental receipt. HSBC's new Small Business Loan has eliminated lengthy loan application procedures, does not require collateral backing or...
Reluctance on the part of both borrowers and lenders is hampering lending to small- and medium-enterprises (SME) in Cebu, a…
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
South Korea's small-and medium-enterprises (SMEs) saw their operating rate inch down in August from July following a prolonged business slump,…
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
The banking sector channelled credits totalling Rp35.9 trillion to small-and medium- enterprises (SMEs) in the January-July period this year, Deputy…
The Commercial Bank of India LLC (CBI), a joint venture between public sector Canara Bank (BSE:CNBK) and State Bank of…
#bank#guarantees#SBI
Reserve Bank of India (RBI) has constituted a separate Sub-Committee under the State Level Bankers Committee (SLBC) called the Sub-Committee…
S Kumars Nationwide Ltd (SKNL) is planning to repay its rupee debt by raising US$150m (close to Rs 700 crore…
#bank#cash-flow#guarantee
Regulators have strengthened the crackdown on unfair trading and irregular accounting after Yoon Jeung-hyun took office as chairman of the…
Under an agreement signed between the European Bank for Reconstruction and Development (EBRD) and the Tojiksodirotbank, the EBRD will help…
#bank#interest#interest rate
Minister of Finance and Economy Lee Hun-jai has ordered senior ministry officials to step up efforts to keep liquidity problems…
#bank#liquidity#smes
This special report examines the difficulties facing treasurers in multi-national corporates in China. Their main challenge is the absence of…