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Asia

Government to scrap SMEs’ ‘non-competitive contract system’

Despite resistance from small businesses, the government has decided to repeal a controversial protective measure for small- and medium-sized enterprises (SMEs) from as early as next year as part of restructuring efforts. The Small and Medium Business Administration (SMBA) said...

#management#small business#small businesses

SME Bank recovers Rs2.5bn loans

SME Bank recovered Rs2.5 billion out of Rs15 billion during the last 18 months from those who had taken loans…


Government to enhance credit risk monitoring of SMEs

The government plans to enhance credit risk monitoring of companies with outstanding loans of 5 billion won (US$4.27 million) or…

#credit risk#risk#smes


Foreign banks in Shanghai more competitive – CBRC

Foreign capital banks in Shanghai are becoming increasingly competitive as shown by faster increases in deposits and loans than their…

#bank#cash management#international


More support for asset capitalisation programme

The SME Development Bank and the Bank for Agriculture and Agricultural Co-operatives yesterday agreed to offer financial support under the…


1,000 SMEs’ expansion to be supported by new loan...

Special bank credits totalling 10 billion yuan (US$1.2 bn) will be granted to small- and medium-sized enterprises (SMEs) in East…

#bank#creativity#GDP


SMEs owing mainly to banks

Small- and medium-sized enterprises (SMEs) have been found, on average, to owe debts to fewer than four financial institutions, the…

#bank#banks#financial institutions


SME banks avoid ban on new branches

The central bank's policy-making Monetary Board has approved a proposal to lift the moratorium on new bank branches provided that…

#bank#regulation#SME lending


Shenzhen SME-listed company in fraud scandal

Jiangsu Qionghua, one of the first group of companies listed on China's newly-established board for small- and medium-sized enterprises (SMEs)…

#management#risk#smes


Funding still top concern for SMEs

Proving once again that small- and medium-sized enterprises (SMEs) now mean big business in Singapore, a host of banks and…


Trade finance to be offered to SMEs

Kasikornbank Plc (KBANK), Thailand’s third-largest commercial bank, said that it has taken steps to encourage small and medium-sized enterprises (SMEs)…

#bank#cash management#international


SBI looks for partner for factoring business

The State Bank of India (SBI) is looking for potential alliances for its factoring and merchant banking business, chairman A…

FDI jumps in China

China attracted 12 per cent more foreign direct investment (FDI) in the first six months 2004 as companies sought to…

#economy#investment

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