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Asia

ADB signs US$85 million loan to help SMEs

The Asian Development Bank (ADB) said it had signed a US$85 million export credit agreement with six Indonesian banks, including Bank Negara Indonesia (BNI) and Bank Rakyat Indonesia (BRI), to help small- and medium-sized enterprises (SMEs) in the country. The...

Euler Hermes signs a cooperation agreement with SINOSURE

In order to expand its presence in the Chinese market the Euler Hermes Group has entered into a cooperation agreement…


Banks' long-term credit rating improving

Things are looking up in Turkey. The Fitch Agency, which issues international credit ratings, has upgraded both Turkey's credit rating…

#bank#banks#international


Banks not fully equipped to lend to small-scale sector...

Reserve Bank of India has said that banks are not fully equipped to promote small-scale enterprises and asked them to…

#bank#exports#risk


Foreign banks licenced for yuan transactions, one to start...

Chinese financial authorities granted licences to four foreign banks on Friday, allowing them to carry out transactions in yuan directly…

#bank#banks


DTI looks to revise November exports statistics

The Department of Trade and Industry (DTI) has insisted that Philippine exports grew by at least 18 per cent last…

#exporters#exports#management


Exim Bank of India to tie-up $75m credit lines...

Export and Import Bank of India (EXIM) is to tie-up credit lines worth $75 million with five African and central…


Global Thai, Siam General set to merge

Siam General Factoring Plc is to merge with Global Thai Finance Co through a 100-per-cent share swap in a move…


Economy heading towards recovery

The South Korean economy is showing signs of recovery, including strong exports and positive expectations from large businesses, according to…

#bank#exports#GDP


FAPCCI and SIDBI offer training for new exporters

The Federation of Andhra Pradesh Chamber of Commerce and Industry (FAPCCI) in association with Small Industries Development Bank of India…

#bank#exporters#exports


Exports rise 37% in January

Turkey's exports rose 36.9 per cent year-on-year to US$4.73bn in January, the Turkish Exporters Assembly (TIM) said. Exports were US$3.45bn…


State Bank of India close to finding partner

The State Bank of India (SBI) is close to completing a search for strategic foreign partners for its factoring, asset…

Exporters will get to hedge trade risk

The mini-Exim Policy today raised the equity base of the Export Credit Guarantee Corporation (ECGC) of India by Rs 300…

#bank#exporters#exports

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