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StanChart focuses on SME lending as Central Bank removes...

Since the 1970s, the government had imposed various regulations to give an edge to local lenders. But this is expected to change when the banking sector is liberalised in 2007 under the Financial Sector Masterplan, leading to the removal of...

Overseas investment backed with favoured loans

Despite the central bank's recent hike in interest rates, Chinese companies will continue to enjoy low-interest loans when they invest…

#bank#Bank of China#exports


EXIM Thailand posts 39.32% on year fall in q3...

The Export-Import Bank of Thailand (EXIM) registered a net profit of 125m baht (US$3m) for the third quarter of 2004,…

#3M#bank#interest


Euler Hermes 9-months revenue slips

Credit insurer Euler Hermes, a unit of Assurances Generales de France SA (12592.FR), said nine-month revenue slipped 0.7% following the…

#3M#insurance#international


Small business fund created

The state-run Small Business Corp. will establish a 20 billion won (US$17.9m) fund to help create jobs for small- and…

#Jobs#small business#smes


Late payments, defaults fall

In a further sign of the continued recovery of the economy, late payments and defaults by Hong Kong businesses have…


Grupo Security looks to boost factoring division

Chilean financial group Grupo Security's factoring division holds a 12% market share and pulls in about 26% of the group's…


Can CFOs control cash flow?

An article by Doug Roberts, Chief Executive Officer, Avolent. Cash is the lifeblood of every company. Cash flow, particularly incoming…

#cash-flow#invoice#management


Agio bank to develop factoring business

Over five years AGIO Bank (Kyev) plans to increase its share in the basic segments of the banking market of…

#bank#banks#international


Late payment is still a chronic problem for Midlands...

Over half of Midlands owner-managers feel their business is being held back because of late payment by their customers. At…

#cash-flow#funding#invoice


Exim Bank records 1bn quarterly profit

Exim Bank (Tanzania) Ltd announced that it has recorded a net income after tax of TZS1.009bn (US$975,000) in the financial…

#bank#Exim Bank#interest


SBI Factors aiming for 20% quarter-on-quarter growth and to...

State Bank of India (SBI) formed its factoring company, SBI Factors (SBIF) in collaboration with UBI and SIDBI in 1991.…

#bank#capital requirements#receivables

European Commission loan scheme to aid entrepreneurs in Northern...

Local small-business owners have been advised that the European Commission (EC) has approved a new loan scheme to help enterprises…

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