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Asia

IFCT has 12 weeks to develop bank plan –...

The Industrial Finance Corporation (IFCT) has been given three months to complete a study on ways to transform the special-purpose financial corporation into a commercial bank, according to IFCT president Anothai Techamontrikul. Options being considered include a merger with another...

#bank#financial institution#management

Coface can take the risk out of trading

By merely presenting a prospective partner's business card to Coface Services (Thailand) Co Ltd, an exporter can get an idea…

#bank#exporters#guarantees


SMEs need the umbrella of insurance

Despite accounting for 78% of non-agri employment, small- and medium-size enterprises (SMEs) contribute only 35% of annual gross domestic product…

#insolvency#management#risk


Macao to give interest-free loans to SARS-hit firms

Nearly 80 per cent of small-and medium-sized enterprises (SMEs) applying for interest-free loans to weather the financial strains attributable to…


Thailand to set up fund to boost SME competitiveness

After a meeting of the Thai competitiveness development committee on 10 July government spokesman, Sita Divari, said that the committee…


Siew to propose increase in the government's Small and...

Former Premier Vincent Siew will make several proposals to President Chen Shui-bian today, with the focus on economic and financial…


SME Bank funds reach three times as many SMEs

SME Bank disbursed Rs 697 million to 1,389 small- and medium-size enterprises (SMEs) in 31 different business sectors during last…


UTI plans to focus on SMEs – HDFC enters...

With top corporates demanding low rates on loans and margins nowadays being wafer-thin, new generation UTI Bank is planning to…

#bank#financial institution#guarantees


Government to lend P10 billion to small-scale ventures

Some P10 billion will be lent in wholesale and retail lending to small- and medium-size enterprises (SMEs) during the second…


Regulatory body calls for SinoSure to play greater role...

Wu Dingfu, chairman of China Insurance Regulatory Commission has expressed his expectations that China Export & Credit Insurance Corporation (SinoSure)…


Non-bank finance – Reform firmly on the agenda

The presence of three cabinet ministers at a recent World Bank seminar on non-bank financial institutions was intended to underline…

#bank#conference#financial services


Bank Muamalat announces new SME products and insurance tie-up

Bank Muamalat Malaysia Bhd will introduce new financial tools catering to small- and medium-scale enterprises (SMEs). President and chief executive,…

#bank#insurance#SME financing

Oriental Bank cuts lending rates for SSIs

Oriental Bank of Commerce (OBC) has reduced its interest rates and margins on advances to small-scale industries (SSI) sector. The…

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