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Asia

New government enjoys economic windfall

The new Congress-led government in India under Manmohan Singh got a boost with exports surging up by almost 20 per cent and infrastructure growth doubling to 9.0 per cent in April, the first month of this fiscal year. India's exports...

Three-quarters of firms have no ratings, rely on bank...

Three out of four firms listed on the Korea Stock Exchange (KSE) had no credit ratings from domestic credit rating…

#bank#banks#insolvency


Two-thirds of small firms shut within 5 years

Approximately two-thirds of small- and medium-sized enterprises (SMEs) go out of business within five years, the Korea Credit Guarantee Fund…

#guarantee#investment#management


Banks slowing down loans to small firms

Banks are slowing down loans to small- and medium-sized enterprises (SMEs) this year. According to eight commercial banks, including Kookmin…


PwC says banks catching up to meet Basel II

Malaysia’s 10 anchor banks ”are catching up” despite being two to three years behind Singapore banks and nearly five years…


SIDBI focusing on direct finance for SSIs and SMEs

The creation of an exclusive fund for small- and medium-sized enterprises (SMEs) and the outsourcing opportunities available to small-scale industry…

#bank#interest rate#receivables


Low-priced scheme for financing exports welcomed

Mirza Ikhtiar Baig, the chairman of banking, credit and finance at the Federation of Pakistan Chambers of Commerce & Industry…


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…


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-…

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