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Banks can gain from helping to turn around SMEs

The Bumiputra Manufacturers and Services Industry Association of Malaysia (PPIPBM) said banks stand to gain more from helping small- and medium-sized enterprise (SME) debtors turn around their businesses than from punishing them. PPIPBM president Datuk Raja Nong Chik Raja Zainal...

#banks#innovation#smes

BRI targets 25% increase in lending to SMEs

Bank Rakyat Indonesia (BRI) is hoping to extend Rp 15 trillion (US$1.64bn) in new loans this year, a 25 per…

#bank#channel#crisis


Innovation funding assistance for SMEs

Parliament has passed a new law creating a so-called National Capital Fund (KFK) that is to promote commercial innovation. The…

#financial services#funding#innovation


Ultimate Finance Group – half year trading update

The board of Ultimate Finance Group plc (Ultimate) is today issuing a trading update ahead of its interim results for…

#bank#funding#invoice


Government earmarks P28bn for SME lending in 2005

The government will set aside up to P28bn in loans for small- and medium-sized enterprises (SMEs) this year, P5bn more…

#bank#funding#guarantee


Spring launches loan scheme tied to risk profile

Spring Singapore has launched a financing scheme that allows participating institutions to tailor the interest rates on loans to a…

#awards#interest rates#smes


New government aims to promote SME development in UN...

The government promised on Thursday to put more focus on the development of small- and medium-sized enterprises (SMEs) in the…

#Asian Development Bank#bank#interest rates


World bank arm to build on existing SME development...

The International Finance Corporation (IFC), the private sector arm of the World Bank, has established a US$2.5m matching grant programme…

#bank#international#smes


Government loans to encourage Indonesian SMEs

Working hand-in-hand with the four state banks: Bank Mandiri, Bank Negara Indonesia (BNI), Bank Rakyat Indonesia (BRI) and Bank Tabungan…

#bank#banks#interest rate


SMEDC approves P300m SME funding

The Small and Medium Enterprise Development Council (SMEDC), the primary agency involved in the promotion, growth and development of the…

#funding#management#smes


German DEG and KfW in joint US$37m loan for...

The German investment and development organization Deutsche Investitions-und Entwicklungsgesellschaft mbH (DEG) and the German bank Kreditanstalt fur Wiederaufbau, (KfW) will…

#bank#investment#LIBOR


China's SMEs expect strong growth this year – Asia...

As many as 88% of China's small- and medium-sized enterprises (SMEs) believe the economy will grow strongly in 2005, according…

#economy#smes#WHO

US$120m credit boost to Indian SMEs

The World Bank extended US$120 million in assistance to India to help boost credit to small companies on Friday. The…

#bank#guarantee#risk

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