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Asia

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 be set up by the first half of next year to allow lenders to make better assessments on SMEs' financing...

#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


New panel to address woes of exporters

Reserve Bank of India (RBI) has constituted a separate Sub-Committee under the State Level Bankers Committee (SLBC) called the Sub-Committee…


S Kumars to raise US$150m to repay rupee debt

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


Financial regulators tighten grip

Regulators have strengthened the crackdown on unfair trading and irregular accounting after Yoon Jeung-hyun took office as chairman of the…

EBRD allocates US$2m to support Tajik entrepreneurship

Under an agreement signed between the European Bank for Reconstruction and Development (EBRD) and the Tojiksodirotbank, the EBRD will help…

#bank#interest#interest rate

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