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Asia

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 this year. Melecio A. Kimpo, BPI-Family Savings Bank vice-president and provincial lending head, said the bank has lent about P10bn...

#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


Banks allowed to buy more SME receivables

The Monetary Board has relaxed the single borrowers limit (SBL) on banks buying trade receivables from small and medium scale…

#bank#capital requirements#smes


Banks urged to play active role in solving SME...

Financial Supervisory Commission chairman Yoon Jeung-hyun on Thursday called on domestic banks to take a more active role in leading…

#bank#cash-flow#exports


MCA President calls on members to play greater role...

MCA (Malaysian/Chinese Association) President Datuk Seri Ong Ka Ting Tuesday urged the party members to play a greater role in…


SMEs loans on the rise

Small and medium enterprises’ (SMEs) loans have been on the rise and account for about 40 per cent of the…


Customised credit programme comes to the aid of SMEs

New loans are being made available to small- and medium-sized enterprises (SMEs) which have been suffering from a drought of…

#banks#management#receivables


Bank eases export finance rates by 25bps

Syndicate Bank, the Indian finance group, has announced a series of ‘softer’ loan terms to exporters with good track records.…

#bank#export finance#exporters

Tax breaks for corporates approved

The Thai government announced this week three tax amendments aimed at improving competitiveness within mid- to large-sized companies. The first…

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