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Standard & Poor's Ratings Services (S&P) announced yesterday that it had downgraded its outlook on the long-term credit rating for Kookmin Bank at BBB plus to ‘negative’ from ‘stable’. The global ratings agency said the downgrade reflects concerns over Kookmin's...
#bank#risks#smes
Small-scale units can now get a composite bank loan of up to Rs 50 lakh as against a maximum of…
The Government has made credit access sufficiently easy for small- and medium- scale enterprises (SMEs) that they can stop turning…
Having attended eight out of the last nine FDA dinners I can tell you this year’s event, which was at…
#awards#bank#invoice
Many businesses suffering from persistent late payment of invoices by their customers choose to engage a factoring company as a…
State Bank of Pakistan (SBP) governor, Dr. Ishrat Husain, said the central bank was working on new prudential regulations that…
#bank#exports#regulation
Euler do Brasil, the local credit insurance unit of German financial group Allianz, has received government authorisation to insure export…
The interview with Stuart Parker of NMB-Heller on how the company thrives in an increasingly competitive market is up on…
A KPMG/Economist Intelligence Unit survey, focusing on the middle-market sector, which accounts for 40% of the UK economy, has discovered…
The results of this quarter’s survey have a particular significance as it was conducted in the period just following the…
The Asian Development Bank (ADB) has pledged US$150 million in assistance to Pakistan to restructure and develop its small- and…
#ADB#Asian Development Bank#bank
Kreditinform has, with Experian Scorex, introduced a new credit-scoring system for small- and medium-sizes enterprises (SMEs) to be known as…
#credit scoring#risk#small business
In Tokyo, the US$17bn bail out of Resona bank is being hailed as a promising first step towards fixing Japan's…
#bank#financial services#smes