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Asia

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 factoring is also available for exporters, a market in which the Industrial Bank of Korea is the leading lender. Business...

#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


Fundamentals for lending to SMEs

As a whole, SMEs have limited assets and inadequate collateral; their financial accounting is poor; they are often family-run, and…


Zurich signs insurance agreement with SINOSURE

Zurich's Emerging Markets Solutions group, the political risk and trade credit insurance unit of Zurich, has signed a memorandum of…


SMEs facing financial crisis

These days small- and medium-sized businesses (SMEs) are undergoing a financial crisis worse than that of 1997. While large companies…

#bank#cash-flow#Paid


SME financing, a wake-up call to bankers – Institute...

The development of small- and medium-sized enterprises (SMEs) has been on the official agenda since 1959, but only an estimated…


Funds to boost SMEs

Industry experts have observed that foreign venture capital (VC) worth US$1.5-2.0 bn (Rs 10,000 crore) from Sidbi's SSI Fund will…

#bank#Boost#forum


BoM to pick up IFC's 10% stake in Global...

Bank of Maharashtra says that it is interested in picking up International Finance Corporation's (IFC) 10% stake in Global Trade…

#bank#Exim Bank#global trade


Indicator of small-business financial health worsens in Q1

The ratio of overdue bank loans owed by South Korea's small- and medium-sized businesses (SMEs) rose 0.7 percentage point to…


Bumiputra-Commerce signs pact to speed up loan approvals for...

Small- and medium-sized enterprises (SMEs) have been promised faster loan approvals by Bumiputra-Commerce Bank Bhd (BCB). The bank has signed…

Malaysian banks to adopt two-phase approach to Basel II

Malaysian banks will adopt a two-phase approach in complying with the Basel II Capital Accord, says Bank Negara Malaysia’s governor.…

#bank#banks#risk

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