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The Ministry of Finance is preparing a government regulation that will enable state-owned banks to write off bad loans owed by small-and-medium sized enterprises (SMEs) in an effort to accelerate the recovery of their businesses, a government official said. Director...
#banks#crisis#regulation
Mexico's largest financial group BBVA Bancomer at a Wednesday press conference unveiled a program to issue 6bn pesos (US$526m) in…
To boost credit flow to the small-scale sector, the government is likely to introduce a credit rating scheme for small-scale…
CIT Group Inc., a leading provider of commercial and consumer finance solutions, reported that Standard & Poor's has now included…
The Bangladesh Bank (BB) has issued prudential guidelines for consumer financing and small enterprise financing to protect the interest of…
According to the World Intellectual Property Organisation (WIPO) small- and medium- sized enterprises (SMEs) are the driving force behind a…
#bank#exports#SME financing
Amlin Credit, the specialist trade credit insurer of Amlin plc, is delighted to announce the appointment of Damien Dawson as…
Since the 1970s, the government had imposed various regulations to give an edge to local lenders. But this is expected…
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
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
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
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
In a further sign of the continued recovery of the economy, late payments and defaults by Hong Kong businesses have…