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RBI issues guidelines for new bank licensees

New norms will allow corporate houses to enter banking space. (more…)

#bank#banks#financial services

Smaller banks say new rules hit their lending

Smaller British banks' efforts to expand their lending practices are being hindered by incoming global financial regulations, a new study…

#banks#crisis#financial services


SME Bank asks government to pay

The Small and Medium Enterprise Development Bank of Thailand seeks repayments of loans for the public service objectives. (more…)

#bad debts#bank#banks


Michael Page (Pagegroup) agree GBP50m invoice finance deal with...

Recruitment consultant PageGroup (recently re-branded from Michael Page) have secured a GBP50million facility with HSBC Invoice Finance to support their…

#banks#funding#international


IFC trade facility to help finance Mauritanian energy imports

The International Finance Corporation (IFC) has invested US$127.5 million in a trade facility that will finance Mauritania's entire refined energy…

#banks#GDP#global trade


ASA to offer asset based lending education in Japan

The American Society of Appraisers (ASA) has announced the offering of asset based lending valuation related education in Japan. (more…)

#bank#banks


IFC supports FIMBank to finance trade in Middle East...

The International Finance Corporation (IFC) is providing a USD30 million loan to Malta-based FIMBank to support cross-border trade in the…

#banks#global trade#international


Factoring and leasing legislation comes into force

Law No. 6361 requires the Turkish Financial Leasing Association, Factoring Association and the Consumer Financing Companies Association to form a…

#banks#international#leasing


New report reveals growing popularity of participatory finance

Crowd finance may become an important source of SME finance, subject to milder legislation. (more…)

#banks#economy#funding


India Ratings plans to diversify its rating basket

India Ratings looks into possibility to bring securitisation of infrastructural projects trade receivables into the local market. (more…)

#banks#receivables#securitisation


EIB to channel EUR 100m to SME sector

EIB grants EUR 100 million loan to two Serbian banks for SME support. (more…)

#bank#banks#Raiffeisen

Government unveils new SME financing scheme

The Government of Cameroon has launched a new scheme that will see SMEs have a new financing mechanism in the…

#banks#Paid#SME financing

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