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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 year from a new arrangement with Siam City Bank (SCIB). Thaweesak Foongkiatcharoen, the acting general manager of the SICGC, said...

#bank#guarantee#guarantees

BOE holds rates at 4.75%

UK interest rates have been kept on hold at 4.75% following the latest meeting of the Bank of England's rate-setting…

#bank#Bank of England#interest rates


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


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


Bank of England signals rates are near peak

The Bank of England has signalled that interest rates are near their peak, suggesting that only one or two more…

#bank#Bank of England#GDP


Late payments and defaults from overseas down in Q2...

Hong Kong firms reported fewer late payments and defaults from overseas in the second quarter as the global economy improved,…

#economic outlook#exporters#payment defaults


BRD announce first 5 months volume figures

In the first five months of the year the volume of domestic factoring operations of BRD – Groupe Sociйtй Gйnйrale…

#bank#insolvency#management


Banks exposed to SME default risk

Due to growing uncertainties over a recovery of the domestic economy, the loans extended to small- and medium-sized enterprises (SME)…

#banks#risk#risks


Chinese exporters urged to increase credit insurance cover

Chinese exporters of farm produce were urged today (May 12) to have their US$16bn worth of agricultural products covered by…

#export credit insurance#exporters#exports


Fed statement on interest rates

The US Federal Reserve yesterday signalled a shift in its stance on monetary policy, leaving interest rates unchanged while saying…

#bank#Bank of England#inflation


Credit insurer urges caution over payment risks

Credit insurer Coface said payment default risk in China is still low but traders need to be cautious and selective…

#bad debts#credit risk#risk


Malaysian banks to adopt two-phase approach to Basel II

Malaysian banks will adopt a two-phase approach in complying with the Basel II Capital Accord, says Bank Negara Malaysia’s governor.…

#bank#banks#risk

Central bank rate cuts surprise market

The Monetary Council of Hungary's central bank MNB decided to cut its base rate by 25 basis points to 12.25…

#bank#exports#international

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