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Asia

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 of Canara Bank, appears to be a good option for investors. The interest rates are higher by almost one per...

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


Tax authority uses tax cuts as incentives for SMEs

Small and medium-sized enterprises (SMEs) will receive more tax deductions if they attract foreign capital or advanced technology. The National…


SMEs find it difficult to raise finance

Many small- and medium-sized enterprises ( SMEs) in Vietnam are currently faced with difficulties in attracting capital, according to a…


SMEs’ business sentiment hits three-month low

As the winter commercial season nears, business sentiment among small- and medium-sized enterprises (SMEs) continues to drop, as it has…

#exports#management#small business


Macao to support development of SMEs

China's Macao Special Administrative Region (SAR) plans to take a series of measures to support the development of small and…

#banks#economy#smes


BankThai targets 1300 Japanese SMEs operating in Thailand to...

BankThai plans to aggressively expand services to Japanese companies and clients operating in Thailand in 2003, according to Duangphorn Sucharittanuwat,…

#bank#Boost#economy


Risk weighting for bank loans to SMEs reduced in...

The Philippine Monetary Board approved on 21 November 2002 a lower risk weight for banks’ SME and micro-finance loan portfolios…


One Asset defends performance of SME Venture Capital Fund.

One Asset Management executives insist that they have managed the state-sponsored SME Venture Capital Fund with full professionalism, and that…

#banks#management#small businesses

Stock Exchange clears factoring company for SME listing

The Philippine Stock Exchange has approved the listing of leasing and financing firm Makati Finance Corp.(MFC) on its small and…

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