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Asia

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 enterprises (SMEs). In a circular which will take effect next week, the BSP's policy-making body said that the banks would...

#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…


Credit ‘blacklist’ to be scrapped

The Korean government is planning to end the blacklisting of credit delinquents by the end of the year, the Ministry…

#banks#economy#WHO


Factor sees fall in income for Q2 2004

Siam General Factoring Plc (SGF), the Thai factor, has reported a net profit of Bht 86.33m for second quarter 2004.…

#leasing


Government to formulate programme and financing for SMEs

The International Trade and Industry Ministry (Miti) has identified new services areas to be promoted through its agencies. These areas…

#bank#exports#international


Key interest rate lowered

The Bank of Korea unexpectedly cut the key interest rate by a quarter of a percentage point. It is the…


PhilEXIM lending soars

Philippine Export-Import Credit Agency's (PhilEXIM) total loan releases grew more than three times during the first half at P159.08 million,…

#exporters#financial institution#guarantee

Trade regulations

The export-import policy (EXIM policy) governs the import of goods into and export of goods out of India. The EXIM…

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