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Asia

Factor seeks partnership with bank giant

Turkey Economy Bank (TEB) Financial Investments Inc., the private banking, factoring, leasing and investment group, announced yesterday that it is starting discussions with the French finance group, BNP Paribas, regarding a possible joint venture. After an executive board meeting this...

#bank#economy#insurance

ECGC mulls trade credit insurance launch for home

After insuring the receivables of India’s exporters in the global market, the state-run Export Credit Guarantee Corporation (ECGC) is planning…

#bank#exporters#exports


A third of companies unable to pay interest on...

Despite aggressive corporate restructuring efforts since the financial crisis, nearly three in 10 domestic firms were still unable to pay…


Bank sees domestic factoring potential following stake increase in...

Exim Bank of India will raise its stake in Global Trade Finance (GTF) from 35 per cent to 40 per…

#bank#exporters#global trade


SMEs starved of working capital for IT expansion, says...

Small- and medium-sized enterprises (SMEs) wanting to finance their information and communications technology (ICT) implementation are currently faced with a…

#cash-flow#Funding Options#smes


Dishman closes receivables-backed securitisation programme

Dishman Pharmaceuticals and Chemicals on June 22, 2004, announced closure of its estimated $22 million debt issue programme. This issue…

#debt facility#funding#receivables


Regulator to gradually ease listing requirements for SMEs

China will gradually relax listing requirements for small and medium-sized enterprises on the new Shenzhen second board to provide more…


Credit ratings becoming central for business growth

Credit evaluation is becoming an integral part of business in Malaysia as companies begin backing their business decisions with credit…


Malaysia’s banks toughen up thanks to rise in SME...

Malaysia's banking system is expected to continue to remain strong and resilient on the back of a stronger capital base,…

#bank#international#SME lending


One-stop shop factor posts 31pc hike in net profit

Canara Bank, the Indian finance house which provides overdraft finance, factoring, and mortgages, has posted a 31.3 per cent increase…

#bank#banks


Help for SMEs mooted by trade body

The Confederation of Indian Industry (CII) plans to set up four industrial clusters for small- and medium-sized enterprises (SMEs) with…


HK wants more investment from mainland SMEs

The Hong Kong Trade Development Council (TDC) has proposed relaxing restrictions to encourage more mainland private enterprises to invest in…

#Boost#international#Jobs

SMEs are the cornerstone of Philippine economic agenda

The trade secretary of the Philippines, Cesar V. Purisima, yesterday said more people should start up small- and medium-sized enterprises,…

#economy#forum#smes

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