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Public sector banks have finalised the formula for arriving at the new benchmark prime lending rate (PLR) as prescribed by the Reserve Bank of India. Syndicate Bank is among PSU banks expected to shortly announce the new rates on this...
#bank#banks#risk
Government support and rapid economic growth offer "unprecedented" scope for small- and medium- sized enterprises (SMEs) to develop in China,…
#exports#forum#GDP
Export Credit Guarantee Corporation of India Ltd (ECGC) has paid seven large value guarantee claims totalling Rs31.10 crore due to…
Germany's export credit insurance agency Hermes is interested in expanding its business in Kazakhstan, according to Hermes’ representative, Andreas Gehring.…
#export credit insurance#exports#international
A year ago, the banks were given tough new powers to foreclose on the assets of bad debtors under new…
United Parcel Service Sdn Bhd (UPS) is focusing on small- and medium-sized enterprises (SMEs) to promote its business solution, known…
#bank#exporters#International Trade
Hong Kong business owners have shown a dramatic swing to optimism about the local economy, with the confidence index increasing…
#economic recovery#exports#GDP
The year-on-year foreign trade deficit increased 44.4 per cent to $15.4bn in the first nine months, the State Institute of…
#exports#trade
After a report quoted the loan rejection rate for China’s small- to medium-sized enterprises (SMEs) as 56 per cent, Ou…
#bank#Boost#funding
The First Micro Finance Bank of Afghanistan, one of the first commercial banks in the post-conflict country, will help would-be…
#bank#banks#small business
Wiwan Tharahirunchote, president of One Asset Management, said the fund was aiming to use 50% of its funds to set…
#asset management#international#investment
Bank Negara has allocated RM800 million under a Rehabilitation Fund to provide new financing for small- and medium-sized enterprises (SMEs)…
#bank#banks#commercial finance
Siam General Factoring reported a net loss of 192.51m bt for Quarter 3, 2003, compared to a net profit of…