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The growth of Korean bank loans to companies sharply slowed in August as lenders tightened lending to smaller firms amid a slowing economy, the central bank announced. (more…)
Chinese banks must use up their added lending quota this year in favour of small and medium-sized companies, the top…
#bank#interest rates#management
Azerbaijani commercial banks, which sharply reduced volumes of guarantees granted and factoring transactions in H1 2008, has taken a further…
Micro and small enterprises will be exempted from submitting income tax returns and annual financial statements when taking out a…
#bank#international#small businesses
Factors, invoice discounters and asset-based lending specialists all report an increase in inquiries from firms seeking alternative sources of cash…
The Bangko Sentral ng Pilipinas (the Philippine central bank) expects the commercial banking sector's stock of bad loans to end…
#bank#banks#crisis
India SME asset reconstruction company (ISARC), an entity formed by Indian banks to resolve non-performing loans (NPLs), expects to commence…
President/Chief Executive, Crown Eagle Microfinance Bank, Mr. Ben Taiwo Ojomo has called on the Cental Bank of Nigeria (CBN) to…
China has cut foreign banks' medium and long-term foreign debt quotas to fund real estate and energy- intensive projects this…
Keen to tap into another source of revenue and profit amid a tight monetary policy, banks in Shanghai are wooing…
Overseas banks are scenting new profits by launching new services aimed at SMEs with cross-border business. (more…)
#bank#international#International Trade
The mortgage credit crunch has spilled over into business lending as local banks are less risk-inclined than they used to…
#bank#credit reports#receivables
The RBI have said that banks can extend financial assistance to support the business of factoring companies. (more…)
#bank#banks#i