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China

Credit data to go online

China is to establish a system to publicize the credit information of export businesses. (more…)

#global trade#management#regulation

ICBC extends yuan2.58tn loans to SMEs

Industrial and Commercial Bank of China has extended yuan2.58tn of loans to SMEs, yuan585.7bn, which directly go to small enterprises.…

#bank#Bank of China#financial services


Trade services utility boosts Bank of China’s supply chain...

Bank of China (BoC), the leading financial institution in China, has launched new services based on SWIFTNet Trade Services Utility.…


HSBC opens first rural branch in Hubei

HSBC has opened its first rural bank in Suizhou, Hubei Province. (more…)


How improving life for SMEs will benefit Asset-Based Lenders

Simon Thompson is General Manager Operations for Lock Finance and he recently worked on a project with IFC (World Bank)…

#bank#emerging markets#international


UCBH Holdings completes acquisition of Business Development Bank

UCBH Holdings, has announced that it has completed its acquisition of Shanghai-based Business Development Bank Ltd. (more…)

#acquisition#bank#commercial lending


Asset-backed securities sale gears up

The Chinese joint venture of GMAC, the financing unit of General Motors Corp, has gotten the go-ahead to be the…

#bank#Bank of China#liquidity


HSBC opens branch in Guangdong

HSBC Bank (China) Co Ltd Has just opened a branch in Dongguan, Guangdong Province. (more…)

#bank#cash management#international


Almunia, Mandelson Say Stronger Yuan Would Aid China

European finance chiefs urged China to let its currency appreciate for the good of the Asian nation's economy. (more…)


Foreign banks court Chinese SMEs

Some foreign banks, who have incorporated China subsidiaries, are adopting various approaches and strategies to court SMEs in China. (more…)

#bank#Deutsche Bank#forum


Nasdaq and Shenzhen mull China SME listings

Nasdaq and the Shenzhen Stock Exchange have agreed to cooperate as China prepares to launch its own Nasdaq-style market for SMEs.…


GE CF to buy stake in SME loan provider...

GE Commercial Finance will buy a stake in Credit Orienwise Group and become a strategic investor. (more…)

#ADB#bank#commercial finance

China gets more financing options – SMEs can now...

A Chinese delegation, lead by experts from the World Bank, travelled to the USA, Canada and NZ to study recent…

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