|
COPYRIGHT 2006 Asia Pulse Pty Ltd
An executive briefing on banking for Nov 28, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
CHINA TO ESTABLISH PROVINCIAL FINANCING PLATFORM FOR SMES
BEIJING - National Development and Reform Commission (NDRC) Vice Minister Ou Xinqian said recently that NDRC will probe to establish provincial financing platform for small and medium-sized enterprises (SMEs) to resolve the problem of financing difficulties facing SMEs.
NDRC and the National Development Bank will further expand the channel of exchange, deepen and expand cooperation, and work to promote the establishment of a credit system for SMEs.
KOOKMIN BANK SAYS OPEN TO RENEGOTIATION ON KEB ACQUISITION
SEOUL - South Korea's top lender Kookmin Bank (KSE:060000), whose plan to acquire Korea Exchange Bank (KEB) (KSE:004940) broke off recently due to Lone Star's rejection, reconfirmed its position Tuesday that there remains room for renegotiation.
"As previously confirmed by our bank president, Kookmin Bank can restart the process for the KEB acquisition in the long term after taking into account a variety of factors," an official...
Read the full article for free courtesy of your local library.
|
Bookmark this article
Print this article
Link to this article
Email this article
Digg It!
Add to del.icio.us
RSS
