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Global

Ministry targets agriculture exports growth, vows improved export credit...

China’s Ministry of Commerce (MoC) has set a target of at least US$40bn in agricultural exports by 2013 and no less than US$30bn in the next four to five years. China is the world's sixth largest agricultural exporter. Agricultural exports...

#bank#Bank of China#export credit insurance

Citibank Korea targets SMEs to increase its market share,...

Citibank Korea, formed through the US group's US$2.7bn takeover of Koram, is aiming to lift its share of South Korea's…


South Africa – receivables management, collection and credit insurance

According to the Banking Council of South Africa, nearly 1,200 businesses made use of debtor financing services in 2003; the…

#bank#invoice#management


Factor opens for business in Karachi

According to Aniqul Islam, chief executive of the DCD-JS Factors Limited: “At present about 20 per cent of Pakistan’s export…


Trade financing and insurance

The Monetary Authority of Singapore (MAS—the central bank) and Export Credit Insurance Corporation of Singapore (ECICS) are Singapore’s two key…


Exim Bank floats on the stock exchange

Export Import Bank of Bangladesh Ltd (EXIM) will make debut on Chittagong Stock Exchange (CSE) tomorrow (Saturday). The bank has…


Small-business loans in Arizona hit record

An improved outlook on business, historically low interest rates and increased marketing helped push federally backed small-business loans to another…


China Exim Bank to expand buyers' credit

The Export-Import Bank of China (China Exim Bank) has pledged to expand buyer's credit to improve export support for Chinese…

#bank#exports#financial services


Russian foreign trade bank establishes import credit line with...

Russia's major state-owned bank, Vneshtorgbank (VTB), has signed a cooperation agreement with the Agricultural Bank of China, the company said…


EFIC and Zurich Emerging Markets Solutions form a new...

Export Finance and Insurance Corporation (EFIC) has signed an alliance agreement with Zurich Emerging Markets Solutions (ZEMS), the political risk…

#emerging markets#exports#guarantees


Bank credit off take surges, deposit growth down

Commercial banks are facing a new dilemma. In a trend reversal, banks are facing a peculiar situation of falling deposit…

#bank#banks#interest rates


The view from Taft

The prolonged credit crunch period brought about by the 1997 Asian crisis has precipitated the need to develop a credit…

#bank#bank loan#crisis

The view from the Taft

The prolonged credit crunch period brought about by the 1997 Asian crisis has precipitated the need to develop a credit…

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