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Asia

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 Group, for US$10m (HK$78 m), in a move to help the growth of small- and medium-sized enterprises segment (SMEs) in...

#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


Kyrgyz Ineximbank to increase credit portfolio by 16 per...

Kyrgyzstan's Ineximbank plans to increase its credit portfolio by 16 per cent to som1 bn by the end of 2004,…


Sidbi venture to launch new Rs500 crore fund for...

Sidbi Venture Capital Ltd (SVCL) plans to launch a new Rs500 crore venture capital fund to help small- and medium-…


New credit insurance scheme launched

Small- and medium- sized enterprises (SMEs) in regional areas are expected to get better access to bank loans with the…

#bad debts#bank#management


Thai agency seeks guarantees from Siam City Bank small-business...

The Small Industry Credit Guarantee Corporation (SICGC) hopes to gain an additional one billion baht in loan guarantee fees this…

#bank#guarantee#guarantees


Banks lending more to small- and medium- enterprises

Philippine banks have lent more funds to small- and medium- enterprises than the minimum 8 per cent the law requires,…

#bank#banks#compliance


Korea Exim Bank to sell its 10.2% stake in...

The Export-Import Bank of Korea (Ex-Im Bank) has unveiled plans to sell its 10.2 per cent stake in Industrial Bank…

#bank#Exim Bank


Long-term rates fall

Long-term interest rates have dropped sharply to the point where they are below short-term interest rates, causing investors to snap…

#bank#bonds#interest


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…


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

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