Bank Islam offers RM250m to SMEs going abroad Bank Islam hopes to get loan applications worth RM250m from SMEs pursuing overseas projects by the financial year ending June 30, 2008.
SME Credit Bureau open for new membership The SME Credit Bureau, set up by CGC and Dun Bradstreet, is now open for membership registration with the commissioning of the Bureau's Enterprise Portal.
Bank Islam aims to lend RM250m to SMEs Bank Islam Malaysia Bhd aims to receive loan applications worth RM250m from SMEs pursuing overseas projects by the financial year ending 30 June 2008.
Standard Chartered support for SMEs Standard Chartered Bank aims to be the catalyst for the growth of SMEs and plans to send more delegations to trade seminars.
RAM assigns rating to CLN of Cagamas SME RAM Ratings has assigned a final rating to fixed-rate credit-linked notes to be issued by Cagamas SME Bhd.
SMEs contribution to the economy is expected to grow SMEs are forecast to contribute 37% to GDP in 2010 from 32% two years ago.
Citibank unveils facility for SMEs Citibank expects to rope in 20,000 new customers over the next five years through its no-collateral revolving credit facility.
Six banks in micro-finance scheme Bank Negara has introduced a micro-finance scheme that will initially involve six commercial banks providing loans to SMEs.
Banks to lend RM51bn to SMEs Banking and development financial institutions are expected to approve loans totaling RM51bn to about 110,000 SMEs in 2007.
HSBC forecasts sales of SME Flexi-Cover Plus HSBC expects to sell RM11m worth of premiums of its newly launched SME Flexi-Cover Plus package over the next three years.