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Despite the sharp rise in the ratio of overdue loans outstanding at small- and medium-sized companies (SMEs) this year, domestic banks lent even more to SMEs last month, according to the Bank of Korea. The central bank, in its report...
Nippon Shinko - the first non-internet bank to be awarded a banking licence in Japan since 1954 - opened its…
The government has announced the appointment of Kim Song-woong as head of the Korea Export Insurance Corporation (KEIC). Kim, incumbent…
#export credit insurance#exports#guarantees
The Central Bank of Korea (BOK) on Monday predicted there could be a series of bankruptcies of small companies and…
#bank#exports#international
Signs that China is preparing to calm its breakneck economic growth are hitting stock markets across Asia. On Wednesday, Chinese…
Kyrgyzstan drew US$146 million in foreign direct investment (FDI) in 2003, an increase of 27 per cent against 2002, Kyrgyz…
The World Bank will extend a US$200 million loan to Small Industries Development Bank of India (Sidibi) by September to…
Hong Kong's small- and medium-sized enterprises (SMEs) will not suffer the credit squeeze feared by some as a result of…
#bank#financial services#international
Securitisation is a viable funding method for small finance companies because their advances generally match banks' requirements towards priority sector…
#banks#funding#investment
Commerce-Industry-Energy Minister Lee Hee-beom has predicted that exports will more than double to $400 billion in 2010 from $193.8 billion…
#exporters#exports#international
The factoring industry is neither registered nor regulated in Thailand. Nevertheless, the industry has been flourishing for at least a…
#bank#exporters#interest rates
Credit insurer Coface said payment default risk in China is still low but traders need to be cautious and selective…
#bad debts#credit risk#risk
Approval has been received from the China Banking Regulatory Commission for seven of the nine branches belonging to the Hongkong…