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The Industrial and Commercial Bank of China reported that its balance of loans granted to small enterprises amounted to 191bn yuan in H1. (more…)
OCBC Bank has commenced business at its new wholly-owned subsidiary in China, OCBC Bank (China) Ltd. (more…)
The Import and Export Bank of China recorded a non-performing loan ratio of 2.84 per cent at the end of June,…
#bank#Bank of China#exports
The Chinese government has set up a special fund of 100 million yuan to encourage venture capital companies to invest…
South China's Guangdong Province is extending its credit database for SME enterprises to give them better access to bank loans. (more…)
#bank#Bank of China#banks
SMEs will soon represent two-thirds of China's gross domestic product, and three-quarters of its GDP growth: nobody can overlook them any…
#banks#economy#GDP
Belgo-Dutch bancassurance group Fortis NV announced it has signed a comprehensive business cooperation agreement to create an insurance JV with…
DBS Bank Ltd's (DBS) local subsidiary in China, DBS Bank (China) Limited has been incorporated with registered capital of RMB4 bn (USD523m). It…
Experts are gathering at a forum in Beijing this week to promote factoring businesses in China. (more…)
The Royal Crown Derby Porcelain Company Ltd, announced it is maximising the benefits of contemporary finance by appointing asset-based lender…
China Development Bank (CDB) will offer more loans to support the development of small- and medium-sized enterprises (SME) this year.…
#bank#guarantee#smes
FIMBank Plc, a Maltese trade finance specialist backed by a Kuwaiti investor, hopes to set up a joint venture in…
#bank#exports#international
1st PMF Bancorp, a Los Angeles-based private bank lender with offices in China specializing in providing working capital for small-…
#bank#international#International Trade