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Punjab National Bank, in association with six other public sector banks and the Small Industries Development Bank of India, intends to establish a credit rating agency for small and medium enterprises (SMEs). The agency will focus on appraisals of SME...
The talks over so-called "current account transactions" include the possibility of letting Hong Kong banks settle trade contracts denominated in…
#banks#Letters of Credit#trade
Following the discussions started this summer, Credit Agricole and Euler Hermes confirm that they have signed the agreement for the…
Bibby Factors Northeast, a specialist provider of business cash flow solutions, is pleased to announce the appointment of Paul Brown…
#bank#cash-flow#financial services
The Philippine Export-Import Credit Agency (PhilEXIM) plans to enhance the insurance protection given to local exporters against risks of nonpayment…
#bank#export credit insurance#exporters
There is good news for the field functionaries of banks and financial institutions who have been resisting lending to entrepreneurs,…
#bank#funding#SME lending
Whilst there is no general shortage of funding, two thirds of the UK's four million SMEs are finding it difficult…
#Funding Options#small business#small businesses
Canadian small- and medium-sized enterprises (SMEs) are keen on having business partners in Muslim countries, particularly Malaysia, Malaysia-Canada Business Council…
Global fund manager Aureos Capital Ltd. and Planters Development Bank are pooling a US$20-million private equity fund for small and…
#awards#bank#emerging markets
The Export-Import Bank of Korea (Ex-Im Bank) announced today that it has raised the ceiling on its relending facilities for…
#bank#banks#exporters
Vietnam central bank is completing operation regulations for the establishment of the first credit guarantee fund in Ho Chi Minh…
The Summit National Bank has announced that it has opened a representative office in Shanghai to provide international trade services…
#bank#international#International Trade
Standard & Poor's Ratings services said today that it had affirmed its 'BBB-' long-term counterparty credit rating and 'A-3' short-term…
#bank#international#management