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Asia

SME Bank given formal approval

The Small and Medium Enterprise Development Bank of Thailand (SME Bank) has made its formal debut with the proclamation yesterday in the Royal Gazette of the new law governing the bank. Formerly the Small Industry Finance Corporation (SIFC), the bank...

Bangkok Bank head expects interest rates cuts in the...

Bangkok Bank chairman Kosit Panpiemras said that continuing excess liquidity among Thailand’s commercial banks could see them opting for further…

#bank#interest rates#international


The Asian Development Bank approves SME export development loan...

The Asian Development Bank on Wednesday approved a loan of US$85 million to a small and medium-sized enterprise (SME) export…

#ADB#Asian Development Bank#bank


Thai economy expanded by a surprise 4.9% Q3.

Robust domestic demand and unexpected export growth have helped Thailand's economy to expand by 4.9 per cent in the first…

#banks#economy#exports


Public sector


Private sector

Introduction In Japan, the main credit insurance product is short-term commercial credit insurance. The last few years have seen remarkable…

#bank#exports#insolvency


SME Development Bank to double loans granted in 2003

More than a decade after its establishment, the Small Industry Finance Corporation has finally achieved its goal and upgraded itself…

#bank#banks#Bill


Hong Kong chief executive accepts recommendations on SME funding

Tung Chee Hwa, chief executive of the Hong Kong Special Administrative Region (SAR), has announced his decision to accept all…


Canbank Factors: Factor of safety

Bearing in mind the current decline in the interest rate levels, the fixed deposit programme of Canbank Factors, a subsidiary…


Government loan support for SMEs

The Small Business Guarantee and Finance Corp. (SB Corp.), the lending arm of the Department of Trade and Industry for…

#bank#exporters#guarantees


Legislation on factoring and late payment to be considered

A high level meeting in the Planning Commission today on the flow of credit to the small scale sector decided…

#bank#interest rates#late payment


Chinese bank allowed to handle factoring business

The Industrial and Commercial Bank of China (ICBC) announced Tuesday that the central bank has officially ratified the ICBC to…

China plans loans boost for SMEs

China plans to push forward the deregulation of its interest rates next year to boost lending to private companies, a…

#bank#Bank of China#interest rates

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