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Bank of Maharashtra says that it is interested in picking up International Finance Corporation's (IFC) 10% stake in Global Trade Finance (GTF). IFC has proposed to reduce its stake in GTF from 25% to 15%, Bank of Maharashtra said, adding...
#bank#Exim Bank#global trade
The ratio of overdue bank loans owed by South Korea's small- and medium-sized businesses (SMEs) rose 0.7 percentage point to…
Small- and medium-sized enterprises (SMEs) have been promised faster loan approvals by Bumiputra-Commerce Bank Bhd (BCB). The bank has signed…
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
United Base Consultancy Sdn Bhd, the financial consultant specialist, is keen to assist small- and medium-sized enterprises (SMEs) in procuring…
The Karnataka State Financial Corporation (KSFC) assisted 1,300 new enterprises from various sectors during 2003-04, according to the managing director…
Lack of access to credit is the main problem facing SMEs that provide over 87 per cent of total industrial…
China Export & Credit Insurance Corp (Sinosure) has signed a landmark deal with Standard Chartered Bank (SCB) to jointly offer…
#bank#exporters#international
International Factors (Singapore) (IFS)- now controlled by Lim Hua Min's Phillip Securities - has a new chief. In a statement…
#international#WHO
The Union of Small & Medium Enterprises (UNISAME) has drawn the attention of bankers to the fact that most SMEs’…
#bank#banks#cash-flow
The State Bank of Pakistan (SBP) will pursue and educate commercial banks to extend loans to small- and medium-sized enterprises…
#bank#cash-flow#SME lending
Start-up businesses were badly hit by the tough economic environment last year, as evidenced from the sharp increase seen in…
Atradius, a global leader in credit insurance and credit management, and The New India Assurance signed a new reinsurance treaty,…