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The Monetary Board has relaxed the single borrowers limit (SBL) on banks buying trade receivables from small and medium scale enterprises (SMEs). In a circular which will take effect next week, the BSP's policy-making body said that the banks would...
#bank#capital requirements#smes
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
#working capital#working capital finance
MCA (Malaysian/Chinese Association) President Datuk Seri Ong Ka Ting Tuesday urged the party members to play a greater role in…
Small and medium enterprises’ (SMEs) loans have been on the rise and account for about 40 per cent of the…
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 Commercial Finance (FCF), the UK factoring and invoice discounting provider, has reported a 122 per cent increase in pre-tax…
#bank#commercial finance#international
Just 7 per cent of SMEs claim to have benefited from this year's Budget, according to a survey of 500…
Syndicate Bank, the Indian finance group, has announced a series of ‘softer’ loan terms to exporters with good track records.…
#bank#export finance#exporters
The Thai government announced this week three tax amendments aimed at improving competitiveness within mid- to large-sized companies. The first…
CIT Group, the global leader in working capital finance with $50bn in assets under management, has appointed Rick Wolfert as…
The Monetary Council of the National Bank of Hungary Rt (MNB) has cut the central bank base rate by 50…
#bank#inflation#international
Law firm Hammonds is to present a ‘Fraud in the workplace’ seminar on September 7 in London. The focus of…