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Standard & Poor's Ratings Services (S&P) announced yesterday that it had downgraded its outlook on the long-term credit rating for Kookmin Bank at BBB plus to ‘negative’ from ‘stable’. The global ratings agency said the downgrade reflects concerns over Kookmin's...
#bank#risks#smes
Small-scale units can now get a composite bank loan of up to Rs 50 lakh as against a maximum of…
The Government has made credit access sufficiently easy for small- and medium- scale enterprises (SMEs) that they can stop turning…
State Bank of Pakistan (SBP) governor, Dr. Ishrat Husain, said the central bank was working on new prudential regulations that…
#bank#exports#regulation
The Asian Development Bank (ADB) has pledged US$150 million in assistance to Pakistan to restructure and develop its small- and…
#ADB#Asian Development Bank#bank
In Tokyo, the US$17bn bail out of Resona bank is being hailed as a promising first step towards fixing Japan's…
#bank#financial services#smes
Credit Guarantee Corp Malaysia Bhd (CGC) has revised its Islamic banking guarantee scheme (IBGS) to increase available funds for small-…
Business conditions for local small- and medium-size enterprises (SMEs) are becoming increasingly unfavourable with the local economy showing no signs…
A Japanese consultant said SMEs in the region need robust financing and adequate marketing assistance to attain sustainability in entrepreneurship.…
#international#smes#sustainability
Annual exports by small- and medium-sized enterprises (SMEs) will top US$100 bn by 2007, the Small and Medium Business Administration…
#exports#international#smes
The Bank of China (BOC) reported a strong growth in factoring business in the first quarter of this year, with…
The Finance Ministry has granted approval to the Small and Medium Enterprises Development Bank (SME Bank) to raise its capital…
The Federation of Malaysian Manufacturers (FMM) has proposed that banks should offer alternative forms of collateral for small- and medium-sized…
#bank#guarantees#interest rates