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Banks

Banks to tighten lending to smaller companies

With the nation's economic slump leaving a raft of companies behind on their debt payments, domestic banks are moving to further tighten their lending rules on smaller businesses. Kookmin Bank, the biggest loan provider for small- and medium-sized enterprises (SMEs)...

#bank#financial services#guarantees

Banks transfer to International Accounting Standard

The Russian Central Bank and Finance Ministry plan to recommend audit firms for International Accounting Standard (IAS) reports, Central Bank…

#bank#banks#international


Banks not proactive in giving out loans to SMEs

The change in the financial institutions’ corporate culture as a result of their consolidation has left small- and medium-scale enterprises…

#bank#banks#Boost


Only 15% of SME's get loans from banks

The small- and medium-sized enterprises (SMEs) only took up about 15 per cent of the total funds released to the…

#bank#guarantees#interest rates


SMI debt revamp panel will boost sector, improve banks'...

The proposed small- and medium-scale industry (SMI) Debt Restructuring Committee (SDRC) is expected to strengthen the SMI sector and improve…


Time for banks to give SMEs more respect

Banks and financial institutions need to adjust their perceptions of small- and medium-sized enterprises (SMEs). A new survey has found…


CNB to require banks to create mandatory minimum reserves

The Czech National Bank's (CNB) decision to require banks to create mandatory minimum reserves as of November 6 will create…

#bank#banks


Banks Association to hold seminar for SMEs

The Brunei Association of Banks will organise a one-day seminar on banking products and services for Small- and Medium-Sized Entrepreneurs…

#bank#banks#management


Philippine banks turn focus on microfinance sector

Private commercial banks, including government financial institutions, are in a scramble to service the microfinance sector and low-income households. The…


Central Banks indicate further cuts in interest rates

The Chief of the Norwegian Central Bank, Svein Gjedrem, says inflation in Norway this year will probably be lower than…

#bank#banks#inflation


Banks seek to regain business credit market

The commercial banking sector needs to recover ground lost to the suppliers that have become the primary credit sources for…


Reserve requirements raised on domestic and foreign banks and...

China will raise the reserve requirements on domestic and foreign banks and other deposit-taking financial institutions next month in order…

Business lobby group rips into banks’ treatment of SMEs

Small- and medium-sized companies in Ireland are being charged 78pc more interest on loans than similar companies throughout the rest…

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