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Asia

Bank of Communications ratings outlook raised

Standard & Poor's (S&P) Ratings Services has revised the outlook on its 'BB' long-term foreign currency counter-party credit rating on Bank of Communications (BoC) to "positive" from "stable" after taking into consideration recent improvements in the bank's capital and asset...

#acquisition#asset management#bank

China Exim taps the market for extra $250m

The Export-Import Bank of China (China Exim) increased its month-old 2014 dollar bond issue to $1bn yesterday by tapping the…


Zurich's Emerging Markets Unit adds marketing manager in Hong...

Zurich has announced the appointment of a new marketing manager to join its business unit in Hong Kong, which provides…


PhilEXIM lowers fee rate

The Philippine Export-Import Credit Agency (PhilEXIM) has approved a package of measures that would reduce the cost to exporters of…

#exporters#guarantees#risk


SME credit ceiling of National Bank raised

The State Bank of Pakistan (SBP) has raised small- and medium-sized enterprises (SMEs) credit ceiling of state-controlled National Bank of…

#bank#international#management


Factor’s shares surge 16pc on first day trading

Shares of Dhanamitr Factoring (DM) have surged THB2.30, or 16 per cent, to THB16.60 on its first trading day, buoyed…


Seek factoring to fund your working capital, says expert

If Bangladesh wants to attain steady growth in its SME sectors, it should urgently introduce a new financial service like…


Lending window to SMEs widened by P2bn

The BPI Family Savings Bank, the Philippines bank, is increasing lending to small- and medium-sized enterprises (SMEs) by another P2bn…

#bank#small businesses#smes


Banks urged to support SMEs by loosening loan controls

China’s commercial banks have been urged to accelerate loan support to private sector when tightening lending policies to cool down…

#bank#bank loan#interest rates


Government to offer its stake in Askrindo to strategic...

The government will offer its entire 45per cent stake in state credit insurance firm PT Asuransi Kredit Indonesia (Askrindo) to…


Credit insurer launches Beijing office

Coface, a world leader in credit insurance and also a credit management service provider, opened its Beijing office yesterday to…

#bank#management#payment terms


Loans to SMEs increased

The banking system extended RM74 billion in loans to 125,000 small- and medium-sized enterprises (SMEs) over the past two years,…

#bank#international#International Trade

Regulator warns of rise in bad loans, SMEs particularly...

South Korea's financial regulator has warned that bad loans at local banks may rise again after a fall in the…

#bad debts#bank#First Bank

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