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China s banking regulator said that the nation's big banks urgently needed to change their attitude towards lending to small firms or they risk losing potentially lucrative business to foreign competitors. (more…)
#bank#banks#guarantees
Foreign banks are aggressively targeting small- and medium-sized enterprises (SMEs), a sector their Chinese peers have traditionally been less enthusiastic…
The Wells Fargo HSBC Trade Bank launched a cross-border lending initiative today that makes it the first financial services company…
#bank#cash management#international
Delegates from Qingdao, China were in the Sultanate yesterday to invite the Brunei business community to participate in the Asian…
#international#investment#smes
The Chinese economy is having both macro and micro headaches, most of which may deal heavy blows to the national…
The Export-Import Bank of China (Eximbank) has recently received official approval from China's Ministry of Finance to set up a…
#bank#Bank of China#guarantee
Citigroup Inc will step up efforts to court Chinese SMEs as its business in that sector generated triple-digit growth last…
China's listed small-and medium-sized enterprises (SMEs) have reported robust profits, according to business reports published on Wednesday. The 116 SMEs…
#3M#banks#smes
To mark the arrival of the Chinese Year of the Pig, Dennis Kennedy, export underwriter at Coface, provider of credit…
#bankruptcy#exporters#international
ADB will make an equity investment of up to US$3m in a company specialising in guaranteeing loans for small- and…
#ADB#guarantee#guarantees
China Continent Property and Casualty Insurance Co., Ltd. (CCIC), a national property insurer in China, officially signed an agreement with…
#Atradius#Atradius Trade Credit Insurance#risk
Yang Mingsheng, president of ABC, says that it is a big trial for the bank to solve the problem that…
China's factoring industry entered a period of consolidation last year. The rapid pace of development was replaced by a more…