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Africa Development Bank to support southern Africa's SMEs

The Africa Development Bank ( ADB) has agreed to support SMEs in the southern African sub-region with a US$50m line of credit. The agreement for the line of credit was signed in Johannesburg on Wednesday by ADB and the Industrial...

#ADB#bank#smes

Lack of credit confronts SMEs

Lack of credit facilities has been identified as a major constraint confronting small- and medium-scale enterprises (SMEs) in the country.…


Asian SME sector looks to four areas for growth

Four priority industries are being seen as potential champions for small- and medium-sized enterprises (SMEs) by the Darussalam-Indonesia-Malaysia-the Philippines East…

#guarantees#Jobs#smes


Loans to SMEs increased

The banking system extended RM74 billion in loans to 125,000 small- and medium-sized enterprises (SMEs) over the past two years,…

#bank#international#International Trade


Regulator warns of rise in bad loans, SMEs particularly...

South Korea's financial regulator has warned that bad loans at local banks may rise again after a fall in the…

#bad debts#bank#First Bank


Banks allowed to buy more SME receivables

The Monetary Board has relaxed the single borrowers limit (SBL) on banks buying trade receivables from small and medium scale…

#bank#capital requirements#smes


Banks urged to play active role in solving SME...

Financial Supervisory Commission chairman Yoon Jeung-hyun on Thursday called on domestic banks to take a more active role in leading…

#bank#cash-flow#exports


MCA President calls on members to play greater role...

MCA (Malaysian/Chinese Association) President Datuk Seri Ong Ka Ting Tuesday urged the party members to play a greater role in…


SMEs loans on the rise

Small and medium enterprises’ (SMEs) loans have been on the rise and account for about 40 per cent of the…


Customised credit programme comes to the aid of SMEs

New loans are being made available to small- and medium-sized enterprises (SMEs) which have been suffering from a drought of…

#banks#management#receivables


Fortis looks to new products, markets to halt losses

Fortis Commercial Finance (FCF), the UK factoring and invoice discounting provider, has reported a 122 per cent increase in pre-tax…

#bank#commercial finance#international

SMEs fail to notice taxation changes

Just 7 per cent of SMEs claim to have benefited from this year's Budget, according to a survey of 500…

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