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Asia

Financial Secretary expected to present friendly first budget, say...

Hong Kong Financial Secretary Henry Tang is expected to leave taxes and fees frozen when he presents a "market friendly" maiden budget speech this week, analysts say. Tang is expected to target a balanced budget within the next five years,...

#bank#banks#Boost

National revenue up 14.7% in 2003

China's national revenue exceeded 2 trillion yuan for the first time to reach 2.1691 trillion yuan in 2003, said Minister…


Strong exports power manufacturing upturn

Strong exports have been powering the manufacturing industry upturn, the state-funded Korea Development Institute (KDI) has reported. It said economic…


Canbank Factors investment opportunity

The fixed deposit programme of Canbank Factors, a subsidiary of Canara Bank, is open for investment. Schemes and features Canbank…


SMEs and consumers help likely bank loan growth by...

Bank loans may grow by about 6 per cent this year, the strongest yet six years after the regional financial…


Exports by SMEs rise for 5th year

Small- and medium-sized enterprises (SMEs) and venture start-ups are increasingly contributing to South Korea's exports. Venture start-ups' exports grew 23.8…


Allahabad Bank in export insurance deal

Allahabad Bank has entered into a bancassurance pact with the Export Credit Guarantee Corporation of India - ECGC Ltd, an…

#bank#export credit insurance#exporters


Bank Indonesia wants banks to lend more to SMEs

Bank Indonesia will push the country's banking sector to allocate a greater amount in loans to small- and medium-sized enterprises…


Banks should support small businessmen

Addressing the Confederation of Central Luzon Rural Banks at a forum in Makati City yesterday afternoon, presidential candidate Raul Roco…

#banks#forum#i


Securitised bond for SMEs by year-end

By the end of the year, Singapore should see its first asset-backed securitization aimed at supporting small- and mid-sized companies…

#bank#cash-flow#guarantees


Economist advocates cheaper loans to help SMEs

Hernando De Soto, a Peruvian economist, at the invitation of President Gen Peervez Musharraf, delivered a lecture on Monday on…

#financial institutions#guarantee#MAN

Trade finance – Export credit

China has two organisations providing official export credit support: the China Eximbank, which was established in 1994 and China Export…

#bank#exporters#exports

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