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Asia

Government drafts SMEs improvement policy

An official from the Small and Medium-sized Enterprise Department under the State Development and Reform Commission (SDRC) revealed the department is drafting a document to promote the development of private enterprise, mostly small- and medium-sized enterprises (SMEs). "The key goal...

#bank#exports#financial services

SMEloan to launch services in Singapore

Hong Kong-based company SMEloan is expected to launch its services in Singapore as early as next month. The firm was…

#bank#banks#smes


New MD specialised products at DBS Bank (Hong Kong)

DBS Bank, the fourth largest banking group in Hong Kong, has appointed Chong Mong Ting as managing director, Specialised Products.…

#bank#banks#DBS


Defence sector to reduce dependence on imported technology approaches...

The defence sector is aiming to indigenise its requirements by offering to buy from technologically sound, innovative and competitive small-…

#smes


GE Commercial Finance eyes up Resona’s leasing businesses

Resona Holdings Inc, the Japanese bank that received a US$16.3 billion government bailout, has hired Nomura Holdings Inc. to find…

#bank#commercial finance#management


Bank lending to small firms swells

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


SME credit needs careful risk analysis

Small businesses have been a major beneficiary of recent government efforts to extend financial and technical support to help improve…


Hosoya to to put SME bank Resona on the...

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


Micro-enterprise development plan will increase the rate of SMEs...

More than 200 foreign and Thai small- and medium-sized enterprises (SMEs) are expected to attend the Asia Pacific Economic Cooperation…


ECGC and Corp Bank in bancassurance tie-up

Export Credit Guarantee Corporation (ECGC) has obtained a special exemption from the Insurance Regulatory and Development Authority (IRDA) allowing it…

#bank#exports#guarantee


Asian Development Bank study the SME unsecured finance gap

The Asian Development Bank (ADB) has earmarked $25 million for loans for the Philippines’ small- and medium-size enterprises (SMEs). Merly…


Bank of China’s factoring transactions soar in first half

State-owned Bank of China’s international factoring transactions increased by more than eight times year-on year while domestic factoring transactions rose…

30% of firms reporting financial difficulties

“SMEs (small- and medium-size enterprises) are struggling with what they call their worst financial problems since the 1997 crisis, due…

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