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Malaysia

Banks can gain from helping to turn around SMEs

The Bumiputra Manufacturers and Services Industry Association of Malaysia (PPIPBM) said banks stand to gain more from helping small- and medium-sized enterprise (SME) debtors turn around their businesses than from punishing them. PPIPBM president Datuk Raja Nong Chik Raja Zainal...

#banks#innovation#smes

New credit insurance policy to bring in RM3m premium...

Hong Leong Assurance Bhd (HLA) expects its new export trade credit insurance policy to bring in some RM3m premium by…

#bank#exporters#international


Government to subsidise bank interest rates on SME loans

Government will subsidise interest rates on bank loans to small- and medium-sized enterprises (SMEs) to encourage further lending said Deputy…


SME development council to introduce incentives to improve access...

The National Small and Medium Enterprise Development Council has agreed to the introduction of an interest subsidy and securitisation of…

#bank#risk#securitisation


SMEs remain core business for HSBC

HSBC Bank Malaysia Bhd (HSBC) will open more commercial banking centres throughout the country as part of a move to…


StanChart focuses on SME lending as Central Bank removes...

Since the 1970s, the government had imposed various regulations to give an edge to local lenders. But this is expected…


Loans to SMEs up 5% in January-September

The banking industry gave out 5 per cent more loans to small- and medium- sized enterprises (SMEs) for the first…


Banks must help SMEs involved in higher- risk ventures

Deputy Finance Minister Datuk Dr Ng Yen Yen has urged banks to help small- and medium- scale enterprises (SMEs), including…


CGC seeks to guarantee more loans

Credit Guarantee Corp Malaysia Bhd (CGC) is increasing its target for guarantee of loans next year to keep pace with…


Ample funds to help boost SMEs

The amount of loans given to small and medium enterprises (SMEs) for the first six months of 2004 annualised has…

#bank#banks#funding


Over RM6.6b in financial aid available to SMIs

International Trade and Industry Minister Datuk Seri Rafidah Aziz said more than RM6.6 billion (US$1.7bn) worth of financial assistance is…

#international#International Trade#smes


Government to merge export credit institutions

The Government will merge the Malaysia Export Credit Insurance and Exim Bank to achieve economies of scale. The new entity…

Asean endorses blueprint to promote SME development

The 10-member Association of SouthEast Asian Nations (Asean) has endorsed a 10-year blueprint to promote the development of small- and…

#conference#international#International Trade

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