Bank of Tokyo Mitsubishi adds to Asia team

The Bank of Tokyo Mitsubishi UFJ (BTMU), whose products include accounts receivable purchases programs, asset-based lending and supply chain finance, has announced the hires of four senior people in its Asian transaction banking team

ADB: SMEs need more access to credit

According to the “Asia SME Finance Monitor 2014” report by the Asian Development Bank (ADB), the Philippines and other economies in Asia have made progress in addressing the SMEs’ limited access to credit, but a lot more needs to be done