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Asia

Working capital finance is getting squeezed, says bank chief

One result of China's macroeconomic adjustments is working capital loans are being squeezed slightly more than investment loans, the head of the central bank said this week. People's Bank of China Governor Zhou Xiaochuan said China's macroeconomic policies have so...

#bank#conference#guarantees

SME cash flow crisis – banks told to give...

The Financial Supervisory Commission (FSC) has this week pressed financial institutions not to aggressively retrieve loans extended to small- and…

#banks#cash-flow#economic recovery


GE Commercial Finance invests US$220m in India’s mid-market sector

GE Commercial Finance (GECF), the business-to-business financial services arm of US conglomerate General Electric, said it will invest up to…


Government to spend US$80m to aid SMEs

The Korean government yesterday unveiled a set of measures aimed at bolstering the competitiveness of small- and midsize enterprises (SMEs)…

#economic recovery#guarantee#liquidity


Largest independent factor targets low-cost import factoring

Canbank Factors, India’s largest independent factor by market share, is planning to offer import factoring in the country, as a…

#bank#global trade#L/C


China’s EXIC steps in with US$29m credit insurance for...

China’s Export-Credit Insurance Corporation (EXIC) will provide US$29m in credit insurance, which will cover the financing of a soda plant…

#3M#insurance#investment


Bank of Maharashtra eyes factoring business

The Bank of Maharashtra is set to enter the factoring and forfeiting segment, which is a new concept in India,…

#bank#insurance#international


Measures to cool economy further restrict SME funding sources...

The Chinese government's measures to cool the economy have further restricted the already limited financing channels for small- and medium-sized…


Value-added of SMEs grows 11.8 %

More productive labour in 2003 helped push growth of value-added of small- and medium-sized enterprises (SMEs) to surpass that of…

#exports#smes


Increase of FDI expected

A better global economic environment and potentially higher investments from small- and medium-sized enterprises (SMEs) could lead to an increase…

#economy#international#International Trade


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…

#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…

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