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HSBC expands branch network in mainland China

The Hongkong and Shanghai Banking Corporation Limited (HSBC) has further expanded its network to 10 branches in major cities across mainland China today with the opening of its new branch in Suzhou. Dicky Yip, chief executive, China Business at HSBC,...

#bank#banking services#financial services

Ministry targets agriculture exports growth, vows improved export credit...

China’s Ministry of Commerce (MoC) has set a target of at least US$40bn in agricultural exports by 2013 and no…

#bank#Bank of China#export credit insurance


South Africa – receivables management, collection and credit insurance

According to the Banking Council of South Africa, nearly 1,200 businesses made use of debtor financing services in 2003; the…

#bank#invoice#management


China Exim Bank to expand buyers' credit

The Export-Import Bank of China (China Exim Bank) has pledged to expand buyer's credit to improve export support for Chinese…

#bank#exports#financial services


Bank credit off take surges, deposit growth down

Commercial banks are facing a new dilemma. In a trend reversal, banks are facing a peculiar situation of falling deposit…

#bank#banks#interest rates


The view from Taft

The prolonged credit crunch period brought about by the 1997 Asian crisis has precipitated the need to develop a credit…

#bank#bank loan#crisis


Small firms time bomb for financial market

Korea's small- and medium-sized enterprises (SMEs) are a time bomb, which could shake the financial market due to surging overdue…

#bank#financial services#management


KBANK joins credit insurance agency to boost SME lending

Kasikornbank (KBANK), in co-operation with the Small Industry Credit Guarantee Corporation (SICGC), plans to offer guarantees for small businesses under…

#bank#guarantees#small business


Depfa to launch credit insurance unit in Europe, US...

Depfa Bank Plc is planning to launch a credit insurance division in the first half of 2005 in anticipation of…

#bank#capital requirements#management


Asian Development Bank buys stake in local credit insurer

The Asian Development Bank (ADB) has agreed to take a minority stake in privately owned credit guarantee provider Credit Orienwise…

#ABN AMRO#ADB#Asian Development Bank


Atradius increases share capital by Ђ86.5m

Atradius, one of the world’s leading credit insurers, has further improved its already strong capitalisation by issuing 6.6 million new…

#Atradius#bank#confirming


New credit insurance scheme launched

Small- and medium- sized enterprises (SMEs) in regional areas are expected to get better access to bank loans with the…

#bad debts#bank#management

Thai agency seeks guarantees from Siam City Bank small-business...

The Small Industry Credit Guarantee Corporation (SICGC) hopes to gain an additional one billion baht in loan guarantee fees this…

#bank#guarantee#guarantees

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