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SME loans soar in October

Outstanding corporate loans rose 2.6 trillion won in October, up from the 700 billion won rise in September, owing to a jump in lending to small- and medium-size enterprises (SMEs). Net lending to SMEs increased 2.9 trillion won last month...

Veena Mankar to step down as head of Global...

It was announced today that one of the leading figures in global factoring, Veena Mankar, will step down as managing…


Loans to small firms hits W36,000bn

The amount of loans extended by local banks to small and medium-sized firms (SMEs) grew significantly during the first 10…


USAID to guarantee loans given to Vietnam’s SMEs

The US Agency for International Development (USAID) has agreed to support loans to small- and medium-sized enterprises (SMEs) in Vietnam,…


Banks not prepared to take risks to lend to...

The Reserve Bank of India’s (RBI) 7 per cent GDP growth is not achievable if banks are not prepared to…


Reserve Bank of India ‘plays safe’ and leaves interest...

India's central bank, the Reserve Bank of India (RBI), has left interest rates unchanged at 6%, but raised its forecast…

#bank#banks#Boost


New receivables-backed loan package for small business

The Department of Trade and Industry (DTI) has devised a new loan package that would help small- and medium-sized enterprises…


Economic environment for SMEs remains weak

The economic environment for small- and medium-sized enterprises (SMEs) has hit its lowest ebb in 13 months, reported the Korea…


Planters Development Bank to release new loans to Mindanao...

The Planters Development Bank (PDB) announced on Thursday (30 October 2003) that they would be allotting P2bn (US$36m) in new…

#bank#interest rates#international


IFC willing to finance SMEs

The International Finance Corp. (IFC), the financing arm of the World Bank, is willing to provide financing for small- and…

#bank#interest rates#international


Small businesses optimistic about Economic Review Committee's proposals

A survey of more than 400 local small- and medium-sized enterprises (SMEs) has shown that they expect the recommendations of…

#conference#emerging markets#small businesses


Development Bank of Philippines provides P5bn factoring fund for...

The Development Bank of Philippines (DBP) has revived an instant working capital financing programme with a P5bn (US$90m) fund in…

#bank#conference#smes

SMEs more confident of business prospects

The latest Business Operating Environment Index for Hong Kong small- and medium-sized enterprises (SMEs) released by the SME Center of…

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