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Resona Holdings Inc, the Japanese bank that received a US$16.3 billion government bailout, has hired Nomura Holdings Inc. to find buyers for Cosmo Securities Co. and three leasing businesses as it bids to cut costs, according to insiders. General Electric...
#bank#commercial finance#management
Corporate lending by local banks ballooned by 5.1 trillion won (US$4.3 billion) last month, as small- and mid-sized companies (SMEs)…
#bank#banks#smes
Small businesses have been a major beneficiary of recent government efforts to extend financial and technical support to help improve…
When Eiji Hosoya, the new chairman of Resona, first saw the swooping R of the bank's logo, it reminded him…
#bad debts#bank#management
More than 200 foreign and Thai small- and medium-sized enterprises (SMEs) are expected to attend the Asia Pacific Economic Cooperation…
Export Credit Guarantee Corporation (ECGC) has obtained a special exemption from the Insurance Regulatory and Development Authority (IRDA) allowing it…
#bank#exports#guarantee
The Asian Development Bank (ADB) has earmarked $25 million for loans for the Philippines’ small- and medium-size enterprises (SMEs). Merly…
State-owned Bank of China’s international factoring transactions increased by more than eight times year-on year while domestic factoring transactions rose…
“SMEs (small- and medium-size enterprises) are struggling with what they call their worst financial problems since the 1997 crisis, due…
A joint meeting between commercial bankers and top representatives of the private sector has suggested wide-ranging amendments to the draft…
Spurned by major banks, many of Japan's small- and medium-sized enterprises (SMEs) have to depend on credit unions for financing.…
The state-initiated SMEs Venture Capital Fund, managed by One Asset Management Co, is concerned about growing competition from banks as…
The small- and medium-size enterprise (SME) sector has been regarded as typically `high risk and high delinquency' in banking circles.…