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PCI Leasing and Finance Inc. saw its profits drop sharply last year as it moved to set aside funds to cope with a large bad-asset portfolio. The company’s products include commercial loans, receivables discounting and factoring and leasing products. Finance...
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
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…