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Approval has been received from the China Banking Regulatory Commission for seven of the nine branches belonging to the Hongkong and Shanghai Bank Corporation Limited (HSBC) to provide renminibi (RMB) banking services to local corporations in mainland China. This makes...
Anxiety over credit problems in small- and medium-sized companies (SMEs) is increasing, as 67 per cent of loans to those…
#bank#banks#economy
US-based venture capital firm Small Enterprise Assistance Funds (SEAF) will make its debut in the Indian market with its SEAF…
In South Korea, factoring arrangements are essentially corporate credit facilities based on trade bills, accounts receivable and consumer credits. International…
#bank#exporters#international
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 and Finance Inc. saw its profits drop sharply last year as it moved to set aside funds to…
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
As a whole, SMEs have limited assets and inadequate collateral; their financial accounting is poor; they are often family-run, and…
Zurich's Emerging Markets Solutions group, the political risk and trade credit insurance unit of Zurich, has signed a memorandum of…
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
The development of small- and medium-sized enterprises (SMEs) has been on the official agenda since 1959, but only an estimated…
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
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