All posts tagged "SMEs"
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99FeatureHKEX to Lessen Profit Requirement Hike for Main Board IPOs
The three-year profit requirement will be raised from HK$50mn to HK$80mn, compared to the HK$125mn or HK$150mn options proposed in November.
May 6, 2021 -
57Asia-PacificBOT Creates Database to Guard Against Factoring Fraud
The database acts as a centralised repository of factoring-related transactions to guard against counterfeiting, double financing and fraud.
May 4, 2021 -
57ChinaCBIRC Orders Big Banks to Increase SME Loans by 30pc
The CBIRC has asked China's five largest banks to increase their inclusive loans to SMEs by over 30 percent for the year.
April 30, 2021 -
115KoreaFSC Korea Addresses Pandemic Impact on SME Credit Scores
The FSC says credit support measures for SMEs will be maintained at it will minimise the impact of rating downgrades.
March 31, 2021 -
187Asia-PacificThailand Unveils More SME Support, ‘Asset Warehousing’ Scheme
The asset warehousing scheme allows debtors to transfer assets for debt settlement while allowing them the right to buy back these assets at a later date.
March 29, 2021 -
132FeatureHong Kong: Enhanced 100% Loan Guarantee Set to Take Effect
The maximum loan amount per enterprise, total loan ceiling, maximum repayment period, and duration of moratorium will be extended.
March 23, 2021 -
156MalaysiaBNM Increases Funding for SME Digitalisation Initiatives
The SME Automation and Digitalisation Facility, launched in March to help SMEs automate processes and digitalise operations, has more than tripled in size.
March 19, 2021 -
187ChinaEx-HKEX CEO Charles Li to Launch SME Funding Platform
The former stock exchange CEO Li is looking to address due diligence challenges, high risks and low funding amounts in traditional SME finance methods.
March 17, 2021 -
117ChinaChinese Banks Directed to Boost SME Lending by 30pc This Year
SMEs will also be offered tax reductions, low interest rates for credit, further loan repayment extensions, and reduced financing guarantee fees.
March 16, 2021 -
152Australia & NZAustralia Announces Expansion of SME Loan Guarantee Scheme
The government will guarantee up to 80 percent of the loans under the scheme, while also increasing the loan limit and allowing larger businesses to also benefit.
March 12, 2021
