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Asia

SME Development Bank announces first half results

The Small and Medium Enterprise Development Bank of Thailand (SMED Bank) announced that new lending in the first six months 2003 totalled 9.5 billion baht, with a further 5.2 billion baht generated by the bank’s factoring operations. SMED Bank president...

#bank#guarantee#guarantees

KL to work closely with Tokyo to boost SME...

Malaysia will work closely with Japan to develop its small- and medium- sized enterprises (SMEs), in light of the business…


CECIC ties up with HuaTai in export trading insurance...

China Export & Credit Insurance Co. (CECIC) and HuaTai Insurance Company of China Ltd. finalised a partnership agreement in Beijing…


Bank of China’s international factoring surges 800% in first...

The international service of the Bank of China rose greatly in the first six months of this year. The bank's…

#bank#Bank of China#international


Government loans to SMEs hit P11.8 billion

The government has announced that it has already released P11.8 billion worth of loans to the country's micro-, small- and…

#bank#guarantee#small business


Bank lending to SMEs up 17.8% in 2002

Second Finance Minister Datuk Dr Jamaludin Jarjis said bank lending to small- and medium-scale enterprises (SMEs) increased by 17.8% last…

#bank#investment#risks


SME Bank cuts lending and factoring rates

The SME Development Bank (SME Bank) has cut lending rates in a bid to help the country's newest bank meet…


Vietcombank provides US$32 million for SME loans

The Viet Nam Foreign Bank (Vietcombank) has pledged about US$32 million in loans this year to help small- and medium-sized…

#bank#risks#SME loans


Siam City Bank profits surge before loan loss provisioning

Siam City Bank reported first-half pre-provisioning profits of 3.54 billion baht, well up from 2.25 billion last year. President Apisak…


Government calls for more soft loans, less grants, for...

The government is considering asking small- and medium-scale enterprises (SMEs) to borrow more for development and expansion and depend less…


Under-utilised micro-credit loans due to entrepreneurs lack of awareness

Funds set aside for small- and medium-scale industry (SMI) loans as well as the micro-credit scheme under the management of…


Cambodia on track to join WTO

Cambodia has completed preparations to become the first of the world's poorest countries to join the World Trade Organization (WTO).…

New chairman for Toprak Factoring AS

Mr. Tuluy Uluрtekin, formerly of the Saving Deposit Insurance Fund (SDIF), has been appointed chairman of the Board of Directors…

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