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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 Hanoi capital....

#bank#banks#bonds

Small firms prefer foreign banks, report states

Three foreign-owned retail banks have taken the top slots as the country's best small-business lenders. Further extending a lead it…

#bank#banks#forum


Company insolvencies the lowest ever rate while personal insolvencies...

During the third quarter of 2004, soaring levels of personal insolvency in England and Wales have increased by 6.2% on…

#bankruptcy#banks#insolvencies


Government to write off bad loans owed by SMEs

The Ministry of Finance is preparing a government regulation that will enable state-owned banks to write off bad loans owed…

#banks#crisis#regulation


Agio bank to develop factoring business

Over five years AGIO Bank (Kyev) plans to increase its share in the basic segments of the banking market of…

#bank#banks#international


KDB to extend won 4.8 trillion in new loans

State-run Korea Development Bank (KDB) on Wednesday announced plans to provide 3 trillion won to small-and medium-sized enterprises (SMEs). In…

#bank#banks#smes


Karnataka bank announces record profit – SMEs lending is...

Karnataka Bank has posted a record profit of Rs133.17 crore in 2003-2004. The Bank has continued to focus on lending…

#bank#banks#insurance


CSOB Slovak branch nets SKK 540m in 9M

The Slovak branch of the Czech bank CSOB raised its net profit to SKK 539.35m in Jan-Sept 2004 from CZK…

#bank#banks#insurance


SIDBI launches venture fund for SMEs

The Small Industries Development Bank of India (SIDBI) has launched the small- and medium- sized enterprise (SME) growth fund, a…

#bank#banks#risk


Bancoldex to offer new SME credit line, minister urges...

Colombia's export development bank Bancoldex will approve a new line of credit worth 1.5 trillion pesos (US$587m) for small- and…

#bank#banks#smes


Ex-financier hit with record jail term

Trond G Kristoffersen, co-founder and former chief executive of scandal-ridden Finance Credit, was sentenced to nine years in prison on…

#bank#banks


Industrial Bank of Korea vows to keep lending to...

The state-owned Industrial Bank of Korea (IBK) said yesterday that it will continue to increase lending to small- and medium-sized…

#bank#banks#economy

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

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