All posts tagged "MSMEs"
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286ChinaChina: State-owned Banks to Step Up Lending to MSMEs
State Council-approved measures call on state-owned banks to increase lending and repayment flexibilities for MSMEs.
May 16, 2022 -
550MalaysiaMalaysia Announces New Programme to Boost MSME Funding
Prime Minister Datuk Seri Ismail Sabri Yaakob said the programme include direct loans, financing guarantees and equity injections.
February 24, 2022 -
830Fintech / RegtechBSP Launches Open Finance Roadmap, Financial Inclusion Strategy
The open finance roadmap paves the way for greater collaboration and data sharing between FIs and fintechs, which will help boost financial inclusion.
February 3, 2022 -
487IndiaRBI Allows More NBFCs to Undertake Factoring Business
The change will increase the number of NBFCs eligible to undertake factoring business from 7 to 182.
January 24, 2022 -
543ChinaSAFE Eases Cross-Border Investment, Trade in Pilot Zones
High-tech MSMEs will be granted a quota to borrow money from overseas, and pilot projects for QFLPs and QDLPs will be carried out.
January 11, 2022 -
436Asia-Pacific
BSP Urges Rural Banks to Promote Financial Inclusion Through Tech
As of end-June 2021, there were over 3,000 rural banks nationwide. However, only 21 of them offer PESONet and 11 offer InstaPay for electronic fund transfer services.
December 8, 2021 -
335Asia-PacificBank Indonesia Raises Mandatory MSME Lending Thresholds
The mandatory minimum MSME lending requirements will be increased in phases. Lenders that fail to meet the thresholds will face a maximum penalty of IDR 5 billion.
September 8, 2021 -
431Capital / LiquidityPBOC Calls on Banks to Expand Ability to Provide Credit
Banks are told to build up capital to improve their ability to provide credit to MSMEs, technological innovation, and green development.
August 27, 2021 -
250ChinaPBOC Directs Banks to Enhance Lending Services for MSMEs
Banks should also increase investment in inclusive fintech including big data, cloud computing and blockchain to improve loan efficiency, the PBOC said.
July 13, 2021 -
365Crypto / Digital AssetsIndian Banks to Develop Blockchain System for LCs
The initiative will eliminate paperwork, reduce transaction processing time and offer a secure environment for processing LCs.
June 22, 2021
