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Asia

Central bank relaxes requirements for banks lending to SMES

The policy-making body of the Bangko Sentral ng Pilipinas is waiving the reporting requirements for banks making certain un-restructured loans to small- and medium-size enterprises (SMEs) to further spur lending in the country. Among the reporting requirements set under Circular...

Merger of credit cooperatives to create third commercial bank

Shanghai is planning to create a third city commercial bank by merging more than 230 rural credit cooperatives according to…


SMEs seek a dedicated bank

The government should pave the way for opening of large fund-based private banks, specifically dedicated to small and medium enterprises…

#bank#banks#liquidity


ADB extends US$85m in export credits to SMEs

The Asian Development Bank (ADB) agreed to extend US$85m in export credits to Indonesian small- and medium-size enterprises (SMEs) on…

#ADB#bank#exporters


Plea to government for increased SME funds under existing...

The government has been asked by the Davao City Chamber of Commerce to increase available funds to the two existing…


SMEs are invited to tap potential of 1.3 billion...

Local entrepreneurs, and small- and medium-sized enterprises (SMEs) are invited to tap the 1.3 billion customers potential of the 57…


Banks channel fresh loans to SMEs

The Indonesian banking sector channelled some 30.7 trillion rupiah (US$3.3bn) in fresh loans to small- and medium-sized enterprises (SMEs) last…


ABN to provide US$80 m trade finance facility

The International Finance Corporation, (IFC), and ABN Amro signed an agreement to provide Pakistan with a US$80 million trade financing…

#ABN AMRO#bank#exports


SMEs targeted for development

Small- and medium-enterprises (SMEs) could generate 50% of the country's gross domestic product by 2006, up from 42%, if a…


Chamber of Commerce seeks Securitisation Act review

The Chamber of Commerce (PHDCCI), in its pre-Budget memorandum, has urged the Government to review the Securitisation Act, provide longer…

#conference#financial institutions#investment


Banks rush to expand lending to SMEs

Local banks, under pressure to scale back consumer lending to households and individuals, are scrambling to find alternative ways of…


Foreign investment in Myanmar drops in first three quarters...

Foreign investment in Myanmar dropped by 10.7 percent in the first three quarters of 2002 compared with the same period…

#investment#investments

Association of South East Asian Nations opens new investment...

Member states of the Association of South East Asian Nations (ASEAN) decided to accelerate the liberalization of their investment regimes…

#interest#investment#Paid

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