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Asia

Bank Danamon re-evaluates its business strategy

Bank Danamon, the country's fifth-largest bank in terms of assets, is currently undergoing a re-evaluation of its business strategy after Asia Financial Indonesia Pte. Ltd (AFI) became its new owner in June. Asia Financial Indonesia Pte. Ltd is a consortium...

#bank#Deutsche Bank#i

Infrastructure financing must for growth; Exim Bank chief

Export promotion and infrastructure development should be the corner stones of the strategy for sustainable development, according to Mr T.C.…


Tourism sparks rush for credit by SMEs

Hong Kong's small- and medium-sized enterprises (SMEs) are calling on their bankers for more credit to fund their growing business…

#bank#funding#interest rates


Astra foundation to increase SME assistance

Astra International's Dharma Bhakti Astra Foundation (YDBA) will provide Rp20bn (US$2.3m) in technical assistance to small- and medium-sized enterprises (SMEs)…

#3M#bank#international


State loan safety net for small firms in crisis

The government will soon have to tread a fine line between heeding small firms' calls to expand its loan guarantee…


HSBC revises its Hong Kong GDP growth forecast

George Leung, chief economist, Greater China at The Hongkong and Shanghai Banking Corporation Limited comments: In view of the faster…

#exports#GDP#interest rates


Exporters (FIEO) urge ECGC to be more responsive to...

Only 15 per cent of the country's exports are protected by export credit insurance, Mr G. Balachandran, directorate-general, Federation of…


EBRD to restore small business financing programme

The European Bank for Reconstruction and Development (EBRD) plans to restore its small- and medium-scale business financing programme in Turkmenistan,…

#bank#small business


Japanese bank to begin factoring Yuan receivables

Mizuho Corporate Bank, a unit of Mizuho Financial Group Inc., has formed an alliance with the Bank of China in…

#bank#Bank of China#receivables


Small firm delinquencies rise

An economic recovery may be in store for Christmas, but domestic small- and medium-sized enterprises (SMEs) will not be joining…


HSBC loans to SMEs exceed expectations

HSBC assistant general manager and head of commercial banking Margaret Leung said the bank's loans to small- and medium-sized enterprises…

#bank#commercial lending#SME loans


Goverment plans help for law-abiding exporters

In an effort to reduce the transaction costs of exporters and make them more competitive in the global market, the…

Delegation to seek export opportunities in S. Korea

A delegation of Thai small businesses will visit South Korea early next year to explore export opportunities, according to Vivat…

#conference#investment#management

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