Small-and medium-sized enterprises need loan securitisation

Loan and bond obligations should be securitised to help raise funds for small-and medium-sized enterprises (SMEs), Japanese financial experts said at the 21st annual meeting of the Asian Bankers Association (ABA) on 5 and 6 November in Vietnam's H

New joint venture to offer unsecured loans

Chuo Mitsui Trust and Banking Co. and Nissin Co. agreed to form a joint venture focusing on loans for smaller businesses.

The new firm is expected to offer unsecured loans carrying annual rates of 15 per cent to 19.8 per cent.

Corporate bankruptcies show 18% fall

Corporate bankruptcies in Japan fell in the six months to September for the third consecutive half-year, but rising oil prices and the restructuring of the financial sector continue to cloud the economic outlook, according to a private research ag

Credit guarantors lacking guidelines

Credit guarantee associations nationwide provided credit guarantees for 138 loans worth 5.6 bn yen to small- and medium-sized companies (SMEs) excluded from the list of eligible borrowers for three years up to fiscal 2003, according to Board of Au

Business confidence improves for mid- sized companies-survey

The index on business conditions came to 2.8 at mid -sized companies capitalized at 100 m yen to less than 1bn yen, a turnaround from minus 2.4 registered in the April-June period, the Cabinet Office and the Finance Ministry said in their joint qu

Economic recovery slows

Japanese economic growth fell far short of expectations in the past quarter, new figures showed on Friday, casting doubt on the momentum of the country’s recovery.

Mizuho Bank to offer securitisation of receivables to SMEs

Mizuho Bank, part of the Mizuho Financial Group, will launch a comprehensive securitisation service for midsize companies, aiming to increase commission income by expanding securitisation to include the accounts receivables of smaller businesses,

Bank denies inflating SME loan balances

The Nihon Keizai Shimbun reported earlier today, without citing sources, that the Financial Services Agency (FSA) is considering imposing some administrative measures against UFJ Holdings for allegedly making the balance of loans to SMEs larger th