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Asia

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 pace of recovery in the domestic sector, in addition to the anticipated robust trade picture, there is a need to...

#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


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…

#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…

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