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Siam City Bank has sold a 48.16 per cent stake (8,668,800 shares) held in Siam City Factoring at 0.35 bt per share, totalling 3m bt, to Trongjai Darbavasu on 20 February. Source: Bangkok Post
#3M#bank
Export Credit Guarantee Corporation of India Ltd (ECGC), now beefed up with a higher equity base, has identified factoring services…
#bank#exporters#exports
The World Bank and Turkey have signed a US$303m Export Finance Intermediation Loan (EFIL) Agreement. The agreement was signed by…
The Kerala Government will give equal importance to the development of the small- and medium-sized enterprises (SMEs) as to other…
#investments#smes
The Export Credit Guarantee Corporation (ECGC), which offers credit insurance protection to exporters has entered into a bancassurance agreement with…
#bank#banks#exporters
The Ministry of Finance and Economy is trying to suppress money laundering by strengthening the powers of the Korea Financial…
Fitch Ratings, the international ratings agency, has placed Bank of Asia’s long-term and short-term debt on negative watch following news…
ECGC Ltd is now in discussions with various trade organisations, software exporters as well as Nasscom (National Association of Software…
Total foreign direct investment (FDI) in the Kazakh economy in 1993-2003 amounted to US$24.5 billion, Yerlan Arinov, head of the…
#economy#investment#trade
Bank Negara Malaysia will start promoting its Small Debt Resolution Scheme (SDRS) to small- and medium-scale enterprises (SMEs) by the…
#bank#banks#conference
Finance companies have until mid-year to submit plans on whether they will upgrade to a full-service or retail banking licence…
#bank#financial services#management
The National Tax Service is stepping up efforts to stamp out the trade in fraudulent invoices, which some traders use…
#fake invoices#trade
President Gloria Macapagal Arroyo has earmarked the release of P20 billion (US$358 million) this year to small- and medium-scale enterprises…
#bank#conference#smes