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Asia

World Bank loan for SME development

The World Bank will extend a US$200 million loan to Small Industries Development Bank of India (Sidibi) by September to enhance credit to small companies. "The World Bank has agreed to give a US$150 million credit line and US$50 million...

SMEs need not fear credit squeeze from Basle II...

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 viable tool’ for small finance companies

Securitisation is a viable funding method for small finance companies because their advances generally match banks' requirements towards priority sector…

#banks#funding#investment


Korea to become world’s 8th-largest exporter by 2010

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


Factoring turnover reaches Bt120bn in 2003

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 urges caution over payment risks

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


First foreign bank to have branches in China approved...

Approval has been received from the China Banking Regulatory Commission for seven of the nine branches belonging to the Hongkong…


Credit anxiety looms for SMEs

Anxiety over credit problems in small- and medium-sized companies (SMEs) is increasing, as 67 per cent of loans to those…

#bank#banks#economy


SEAF to launch US$40 million India fund

US-based venture capital firm Small Enterprise Assistance Funds (SEAF) will make its debut in the Indian market with its SEAF…


Industrial Bank of Korea leads export factoring market

In South Korea, factoring arrangements are essentially corporate credit facilities based on trade bills, accounts receivable and consumer credits. International…

#bank#exporters#international


Bangladesh Bank to finance the ‘missing middle’ SMEs

The Bangladesh Bank has initiated a programme involving 1 billion taka (US$17.2 million) to promote small- and medium-sized enterprises (SMEs),…

#Bangladesh bank#bank#small businesses


PCI Leasing & Finance income dropped sharply to P258m...

PCI Leasing and Finance Inc. saw its profits drop sharply last year as it moved to set aside funds to…

PICIC provides Rs300m to entrepreneurs

Pakistan Industrial Credit and Investment Corporation (PICIC) has so far disbursed Rs 300 million among small entrepreneurs under small business…

#bank#business finance#capital requirements

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