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Asia

ABN Amro opens trade finance portal to Indian businesses

The Dutch bank is extending its 'Channel Finance' service to small- and medium-sized Indian businesses. This provides clients with greater access to working capital, based on the risk profile of their supply chain. Adds Sobti: "Other services to be launched...

#ABN AMRO#bank#international

China Central Bank chief urges steady interest rate reform

The governor of the People's Bank of China, Zhou Xiaochuan, said interest rate ranges for loans should be expanded to…


Public sector banks finalise new PLR formula

Public sector banks have finalised the formula for arriving at the new benchmark prime lending rate (PLR) as prescribed by…

#bank#banks#risk


Opportunities in China “unprecedented” for SMEs

Government support and rapid economic growth offer "unprecedented" scope for small- and medium- sized enterprises (SMEs) to develop in China,…

#exports#forum#GDP


ECGC pays out Rs31 crore towards guarantee claims

Export Credit Guarantee Corporation of India Ltd (ECGC) has paid seven large value guarantee claims totalling Rs31.10 crore due to…


Hermes wants to expand business in Kazakhstan

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


Supreme Court set to lay down the law on...

A year ago, the banks were given tough new powers to foreclose on the assets of bad debtors under new…


UPS introduces synchronised commerce business solution for SMEs

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


Business owners show optimism about economy

Hong Kong business owners have shown a dramatic swing to optimism about the local economy, with the confidence index increasing…

#economic recovery#exports#GDP


Trade deficit up 44.4% in 9 months

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


SMEs starved of finance

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


Afghan private bank to finance small businesses

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

Fund shifts focus to medium-sized enterprises

Wiwan Tharahirunchote, president of One Asset Management, said the fund was aiming to use 50% of its funds to set…

#asset management#international#investment

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