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Asia

PBSP strengthens program to provide loans to SMEs

With strict policies set by banks and other lending institutions before it would grant loans, a non-government organization has strengthened its program that aims to provide access to credit to small- and medium- enterprises (SMEs) in the countryside directly from...

#banks#financial institutions#international

China's CBRC Levies Supervision Charges On Banks

China Banking Regulatory Commission (CBRC), the government watchdog for the banking industry, has announced that, starting from this year, it…


Credit-rating agency for SMEs

Punjab National Bank, in association with six other public sector banks and the Small Industries Development Bank of India, intends…


HK seeks wider China role for its banks

The talks over so-called "current account transactions" include the possibility of letting Hong Kong banks settle trade contracts denominated in…

#banks#Letters of Credit#trade


PhilExim and Coface plan joint insurance protection initiative. Bigger...

The Philippine Export-Import Credit Agency (PhilEXIM) plans to enhance the insurance protection given to local exporters against risks of nonpayment…

#bank#export credit insurance#exporters


Ratings to make SME lending easier for banks

There is good news for the field functionaries of banks and financial institutions who have been resisting lending to entrepreneurs,…

#bank#funding#SME lending


Fund for local SMEs announced.

Global fund manager Aureos Capital Ltd. and Planters Development Bank are pooling a US$20-million private equity fund for small and…

#awards#bank#emerging markets


Korean Ex-Im Bank lifts ceiling on lending to Kazakh...

The Export-Import Bank of Korea (Ex-Im Bank) announced today that it has raised the ceiling on its relending facilities for…

#bank#banks#exporters


First credit guarantee fund for SMEs

Vietnam central bank is completing operation regulations for the establishment of the first credit guarantee fund in Ho Chi Minh…


S&P affirms top factoring bank’s ratings

Standard & Poor's Ratings services said today that it had affirmed its 'BBB-' long-term counterparty credit rating and 'A-3' short-term…

#bank#international#management


SIDBI to launch venture capital fund for SMEs

The Small Industries Development Bank of India (SIDBI) will launch a Rs 500 crore venture capital fund with participation from…

#bank#banks#risk


Fund to aid smaller technology firms

For the first time, the government and large corporations are organising a special fund to help small- and medium-sized businesses.…

#investment#management#small business

Canbank Factors targets to reach turnover of Rs2,000 crore...

Canbank Factors’ factoring package offers sales ledger administration, debt collection services, credit protection and advisory services. The total turnover of…

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