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Asia

Reserve Bank of India interest rate decision

With political uncertainty still hovering over the country, the Reserve Bank of India (RBI) yesterday left the bank rate and repo rate unchanged at 6 per cent and 4.5 per cent, respectively. RBI governor, Y V Reddy, told bankers that...

Stand-alone factoring a thing of the past – GECF...

It’s a fact. The factoring industry here in Singapore is seeing fewer and larger players as the market for financing…

#bank#commercial finance#financial services


SBP designs new loan scheme for SMEs

The State Bank of Pakistan (SBP) has designed a new long-term loaning scheme for small-and medium-sized enterprises to facilitate the…


Call for equity funding for SMEs intensifies

Small-and medium-sized enterprises (SMEs) with less than RM25m in annual turnover could soon have the option of raising money from…

#bank#banks#funding


Basel II accord set to change Malaysia's banking landscape

“From the end of 2006, in Malaysia's case from 2008, bankers' elitist image will be pushed further into history, joining…

#bank#platforms


Asian Development Bank to lend US$40m to SMEs

The Asian Development Bank (ADB) is willing to granting US$40 million worth of loans to help develop the country's small-…


Government support for export credit insurance to rise

China’s vice-minister of commerce Yu Guangzhou has revealed that the central government is considering offering increased support to export credit…


Singapore bank lacks factoring presence, despite BoA buy –...

The 22bn baht purchase of an 80 per cent stake in the Bank of Asia by United Overseas Bank (UOB),…

#acquisition#bank#banks


Chinese exporters urged to increase credit insurance cover

Chinese exporters of farm produce were urged today (May 12) to have their US$16bn worth of agricultural products covered by…

#export credit insurance#exporters#exports


Thailand’s SMEs share resources, target increased competitiveness

A group of small- and medium-sized enterprises (SMEs) has formed an alliance to pool resources and share strengths in order…


Turkish factoring company sells majority stake

Strategic Internet Investments, the Canadian investment company, is to purchase a 51 per cent controlling interest in Turkish factoring company,…


New banking regulation harsh on India’s SME sector

THE Madurai District Tiny and Small Scale Industries Association (Maditssia) has called for evolving policy initiatives to redress the grievances…

A government review of SMEs

The small- and medium-sized enterprise (SME) share of private sector employment in Brunei is high than the US at 59…

#Access to Finance#bank#exports

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