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China

ABC Bank trials loans to SMEs in Hebei

Yang Mingsheng, president of ABC, says that it is a big trial for the bank to solve the problem that it is hard for SMEs to get loans (more…)

China 2006-07: New chapter begins for domestic and foreign...

China's factoring industry entered a period of consolidation last year. The rapid pace of development was replaced by a more…


Eximbank maintains low non-performing loans ratio

The Export and Import Bank of China, one of China's three policy banks, reported that its ratio of non-performing loans…

#bank#Bank of China#banks


ICBC to double SME loans

The Industrial and Commercial Bank of China intends to orient half of its loans to small- and medium-sized enterprises over the…


Beijing to provide credit guarantees supporting SMEs

By the end of 2010, small- and medium-sized enterprises (SMEs) in Beijing will get credit guarantees valued at a minimum…

#guarantee#guarantees#smes


Sinosure launches risk report to assist companies going global

Sinosure, China's only insurer specialising in export and credit insurance, has launched a risk-analysis report covering 130 countries (more…)


ICBC to lend CNY 60bn to Beijing SMEs

The Industrial and Commercial Bank of China (ICBC) pledged to offer CNY 60bn in loans to 1,000 small- and medium-sized…


SMEs account for 70% of China's foreign trade: report

Small- and medium-sized enterprises (SMEs) have emerged as an important engine of China's foreign trade growth, according to a recent…

#smes#trade#trade growth


Three Gorges credit guarantee hopes to secure CNY1.3bn loans

Three Gorges Industrial Credit Guarantee Company, China's largest guarantee company, signed an agreement this week to provide guarantee for (more…)


Late payment total grows 15pc annually

The Sinosure debt collection division handled 358 cases of overseas debt collection last year, compared with 184 in 2004. There…

#debt collection#international#late payment


Lack of finance and information impairs SME exports/imports

Since China had fully opened its import and export rights and adopted a registration for (more…)


ABN AMRO launches China asset-based and receivables business

The newly established entity, ABN AMRO Leasing (China) Co Ltd, will offer products such as financial leases, operating leases, sale…

#ABN AMRO#ABN AMRO Asset Based Finance#bank

Foreign financial institutions eye China's SMEs

Small and midsize enterprises (SMEs) in China now are ushering in a new transformation as many foreign banks scramble for…

#bank#cash management#international

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