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Canbank Factors investment opportunity

The fixed deposit programme of Canbank Factors, a subsidiary of Canara Bank, is open for investment. Schemes and features Canbank Factors offers cumulative and non-cumulative schemes. The latter is available in monthly, quarterly and half-yearly options. Under the scheme, deposits...

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


HYSEA plans fund to help SMEs market products

The Hyderabad Software Exporters Association (HYSEA) is setting up a fund with support from state governments, non-resident Indians (NRIs) and…

#exporters#smes#software


Stake in Siam City Factoring sold

Siam City Bank has sold a 48.16 per cent stake (8,668,800 shares) held in Siam City Factoring at 0.35 bt…

#3M#bank

ECGC identifies factoring as key business growth area

Export Credit Guarantee Corporation of India Ltd (ECGC), now beefed up with a higher equity base, has identified factoring services…

#bank#exporters#exports

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