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Asia

Cases of suspected money laundering rise

The number of cases of suspected money laundering reported by financial service companies increased sharply this year, the Korea Financial Intelligence Unit said. According to the agency, which work under the ministry of finance, the number of cases stood at...

Standard Chartered Bank focuses on SME sector

The Standard Chartered Bank (StanChart) plans to focus on the SME sector in the next couple of years after gaining…


Arroyo seeks more lending for SMEs

The Arroyo administration wants to triple government and private sector lending to small- and medium-sized enterprises (SMEs) in order to…


Private sector close to finalising first SME loan-backed asset-backed...

Inderjit Singh, chairman of the Action Crucible for Financing, said today Singapore is putting finishing touches to its first asset-backed…


Aid programmes revive export finance

Export credits are being revived through aid programmes recently established by Australia, EU members and Japan. Vietnam and the EU…

#bank#exporters#guarantees


ECGD announce new credit insurance scheme for software exports

The Export Credit Guarantee Corporation of India (ECGC) is finalising a special credit insurance package for software exports from India,…


Moody's report – China banking reform deepens

China's banking sector, aided by the nation's entry to the World Trade Organisation (WTO), is poised to press on with…


Alliance Bank expects rise in volume of SME loans

Alliance Bank Malaysia Bhd expects an 8% rise in loans to small- and medium-sized enterprises (SMEs) this year from the…

#bank#SME loans#smes


DBP pioneering factoring programme get SBL exemption

Bangko Sentral ng Pilipinas (BSP) governor Rafael Buenaventura announced that the policy-making Monetary Board has approved a request from state-owned…


RHB to boost lending to SMEs

RHB Bank Bhd, Malaysia’s third-largest bank, is planning to increase its small- and medium-sized enterprise (SME) loan portfolio to 40…

#bank#credit risk#management


EBRD to invest $300m

The European Bank for Reconstruction and Development (EBRD) views Kazakhstan as a successful country and will invest about $300 million…

#bank#economy


Loan guarantee bodies join banks for SME workouts

Korea's banks and other financial institutions, especially the country's three major loan guarantee agencies, are to participate in a debt…

Ombudsman Wang Liming outlines government willingness to support SMEs

The ombudsman of the small- and medium-sized enterprise (SME) office of the State Development and Reform Commission, Wang Liming, said…

#conference#guarantee#guarantees

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