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The China Banking Regulatory Commission will soon release guidelines on lending to small businesses, the banking industry watchdog said in a statement yesterday on its website. The new guideline will encourage lending, and push forward product innovations and risk control...
#bank#exports#interest rates
In a bid to serve the micro SME — lower end of SME segment— HSBC has launched unsecured line of…
#bank#credit risk#risk
NatWest has launched a start-up package for new businesses. Under the scheme, new firms will (more…)
#insurance#management#NatWest
The Joint Money Laundering Steering Group's (JMLSG) proposals would also reduce the documentation needed to verify the identity of non-personal customers…
#anti-money laundering#risk#WHO
Costa Rica's fourth-largest bank Banco Interfin has signed a US$22m syndicated loan with (more…)
#bank#international#risk
Spanish export credit insurance company (CESCE) says that just five countries account for 83 per cent of unpaid debts for Spanish…
#bad debts#export credit insurance#exports
Progressive Employer Services, a privately held professional employer organisation (PEO), announced today that it has entered into a US$5m revolving…
#bank#cash-flow#funding
General Electric Company chairman and CEO Jeff Immelt announced a new organisation aimed at accelerating growth and profitability (more…)
#commercial finance#financial services#management
Coface Intercredit Romania, one of the country's top risk management companies, insured commercial loans totalling (more…)
#insurance#management#risk
Bank of America Corporation today announced a definitive agreement to buy approximately 9 per cent of the stock of China…
#bank#international#management
Hong Kong's small- and medium-sized companies (SMEs) are finding it increasingly tough to arrange syndicated bank loans as lenders pull…
#bank#interest rates#LIBOR
Speakers at a seminar yesterday underscored the need for widespread use of factoring to mitigate fund constraints of small- and…
#Bangladesh bank#bank#order financing
Formerly based in Newhall Street, the Birmingham risk office of Euler Hermes, the world's largest credit insurance group has relocated…
#credit risk#insurance#investment