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Asia

Hong Kong banks’ prime rates decisions

Hong Kong banks chose to keep their prime rates or lending rates steady, resisting pressure set by the hike in US Federal Reserve's key interest rates, a move which reflects intense competition among themselves to revive sluggish loan growth, analysts...

Central bank advocates SME lending amid government efforts to...

China's central bank yesterday warned that macro-economic controls remain at a crucial stage amid government efforts to cool the roaring…


Dhanamitr plans IPO

Dhanamitr Factoring Plc plans to go public in the next few months to raise funds through an initial public offering…


Late payments and defaults from overseas down in Q2...

Hong Kong firms reported fewer late payments and defaults from overseas in the second quarter as the global economy improved,…

#economic outlook#exporters#payment defaults


Over 1,200 SMEs queue for listing on Shenzhen second...

Over 1,200 small Chinese firms are now queuing up for share offers on the Shenzhen second board for small- and…


Department of SMEs Director calls for support for SMEs

More efforts should be made to promote the development of small- and medium-sized enterprises (SMEs) in China, said Su Bo,…

#forum#management#regulation


SB Corp. loans to SMEs reach P1.4bn in first...

Small Business Guarantee and Finance Corp. (SB Corp.) lent P1.42 billion to small- and medium-sized enterprises (SMEs) during the first…

#bank#interest rates#small business


ADB grants to help China finance SMEs

The Asian Development Bank (ADB) has approved a technical assistance grant of US$550,000 to help China to finance its small-…


Bank to expand exim trade financing

Addressing the members of Bharat Chamber of Commerce here recently, Mr Rajeev Bhargava, head of Trade Services, said that HSBC…

#bank#exports#receivables


ECGC in corporate agency pact for export credit insurance...

The Export Credit Guarantee Corporation of India Ltd (ECGC) has arrived at a corporate agency agreement for the marketing of…

#bank#export credit insurance#exporters


Banks lured towards SME financing

The State Bank of Pakistan (SBP), while clarifying its prudential regulations regarding small- and medium-sized enterprises (SMEs), has fixed a…

#bank#banks#international


Demand for finance credit rises

Multifinance loans shot up by 34 per cent year-on-year to Rp42.94 trillion (US$4.77bn) by the end of the first quarter…

#bank#leasing

Smaller companies confidence downbeat

Small- and medium-sized enterprises (SMEs) predicted poorer business conditions in August, according to a survey on the business outlook of…

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