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banks

Kyrgyz Ineximbank receives syndicated credit to finance trade

Kyrgyzstan's Ineximbank signed a credit agreement for a syndicated credit of US$5m during the fifth conference of CIS and Baltic banks in Almaty. The loan was organized by Kazakhstan's Temirbank and the syndicate includes Latvia's Trasta Komercbanka and Kazakhstan's ATF-Bank,...

#bank#banks#conference

Singapore small- and medium-sized enterprises credit bureau to be...

Small- and medium-sized companies (SMEs) in Singapore may soon have easier access to financing. A new SME credit bureau will…

#banks#channel#risk


Banks lend US$3.9bn to SMEs, Jan-Jul

The banking sector channelled credits totalling Rp35.9 trillion (US$3.9bn) to small- and medium-enterprises (SMEs) in the January-July period this year,…

#bank#banks#GDP


Banks expected to post record yearly net profit

South Korean banks will likely post a record high net income of more than 7trillion won (about US$6.1bn) this year…

#bad debts#bank#banks


Nafin back in black with US$10m profit in first...

Mexico's largest development bank Nacional Financiero (Nafin) reported first half net income of 113m pesos (US$9.9m), compared to losses of…

#bank#banks#business finance


Companies use increasingly efficient financial tools.

More and more Lithuanian firms use insurance of goods and currency fluctuation risks as a safeguard against possible losses while…

#bankruptcy#banks#insurance


Businesses bypass traditional loans

Just a few weeks ago, economics minister Wolfgang Clement said the main impediment to economic growth was the restrictive lending…

#bank#banks#bonds


New loans available for Japanese companies operating in Thailand

Under the agreement, Resona will screen the financial conditions of Japanese companies wanting to borrow money to finance their investments…

#bank#banks#guarantee


Fed raises interest rate

The US Federal Reserve boosted a key short-term interest rate by one-quarter percentage point last night, the third increase this…

#banks#economy#interest


Ex-Im Bank raises cap on re-lending loans to Kazakh...

The Export-Import Bank of Korea (Ex-Im Bank) announced Monday it has raised the ceiling on its relending facilities for two…

#bank#banks#exports


Row over small-business loans

The government and commercial banks are lashing each other over the issue of financial support for small- and medium-sized companies…

#banks#smes


PBSP strengthens program to provide loans to SMEs

With strict policies set by banks and other lending institutions before it would grant loans, a non-government organization has strengthened…

#banks#financial institutions#international

HK seeks wider China role for its banks

The talks over so-called "current account transactions" include the possibility of letting Hong Kong banks settle trade contracts denominated in…

#banks#Letters of Credit#trade

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