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Loans to SMEs increased

The banking system extended RM74 billion in loans to 125,000 small- and medium-sized enterprises (SMEs) over the past two years, Bank Negara Malaysia Governor Tan Sri Dr Zeti Akhtar Aziz said. She said that loans given to the SMEs had...

#bank#international#International Trade

Banks allowed to buy more SME receivables

The Monetary Board has relaxed the single borrowers limit (SBL) on banks buying trade receivables from small and medium scale…

#bank#capital requirements#smes


Griffiths announces Ј0.5m for business incubators from DTI

Small Business Minister Nigel Griffiths congratulated 31 organisations which are receiving nearly Ј500,000 of grants to help set up business…

#Boost#investment#management


Alabama bank exits export lending business

According to sources familiar with the situation, Compass Bank is getting out of export lending. The bank's structured trade finance…

#bank#interest rates#international


Lithuanian factoring sales up by 30%

The Lithuanian Leasing Association has reported that the sales of factoring services went up by almost 30 per cent in…

#funding#leasing#trade


SB Corp. loans to SMEs reach P1.4bn in first...

Small Business Guarantee and Finance Corp. (SB Corp.) lent P1.42 billion to small- and medium-sized enterprises (SMEs) during the first…

#bank#interest rates#small business


Bank to expand exim trade financing

Addressing the members of Bharat Chamber of Commerce here recently, Mr Rajeev Bhargava, head of Trade Services, said that HSBC…

#bank#exports#receivables


Another plan to help SMEs

Krajowy Fundusz Kapitalowy (KFK), the country's capital fund should help small- and medium-sized enterprises (SMEs) to obtain funds for investments.…

#financial services#poland#smes


Credit insurers discuss future of factoring business

Discussions are taking place as a consequence of the take over of Credit Lyonnais by Credit Agricole, which has led…

#Allianz#Credit Agricole#guarantees


Latest country risk trends from Coface

Continued robust growth in the US and Asia, including Japan, marked the second quarter, fostering dynamic world trade that also…

#exports#interest rates#payment behaviour


Bank plans to introduce asset-based finance

During Stanbic Bank’s trade and finance seminar at Grand Imperial Hotel on Thursday, executive director, wholesale Anne Aliker said the…

#bank#cash management#international


Government to scrap SMEs’ ‘non-competitive contract system’

Despite resistance from small businesses, the government has decided to repeal a controversial protective measure for small- and medium-sized enterprises…

#management#small business#small businesses

Foreign banks in Shanghai more competitive – CBRC

Foreign capital banks in Shanghai are becoming increasingly competitive as shown by faster increases in deposits and loans than their…

#bank#cash management#international

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