综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

   

Foreign banks poised to woo SMEs

By Wang Zhenghua (China Daily)
Updated: 2007-05-05 08:58

BSHANGHAI: Foreign banks are aggressively targeting small and medium-sized enterprises (SMEs), a sector their Chinese peers have traditionally been less enthusiastic about.

During a recent joint financing services fair in Shanghai, Standard Chartered Bank, the Bank of East Asia, Citigroup and HSBC made their presence felt for the first time as locally incorporated foreign banks, presenting a range of products and services to the city's approximately 36,000 small businesses.

They said their local incorporation would help them further penetrate the mainland market and gain a wider customer base.

During the two-day fair, 23 banks showcased their financial products and services to SMEs, discussing solutions with them face to face, introducing the latest financing information and soliciting opinion about their financing requirements.

Brenda Wong, general manager in charge of SME wealth management at Standard Chartered Bank, said: "The local incorporation status helps us open more outlets in second and third-tier cities, where we are able to provide renminbi and foreign currency services to our small business clients."

"We expect SME business to account for a very significant proportion of our lending in the next five years," Wong said.

Henry Zhang, commercial banking head for Citigroup in China, said: "Although SMEs have provided a powerful impetus to China's fast-growing economy, they still face difficulties in addressing various operational and financing issues."

Liu Fengzhi, deputy manager of Shanghai Diesongluan Grain and Oil Co, said she was attracted by the services provided by overseas lenders, which offer more flexible terms than domestic banks.

"As a small food logistics company, we can't meet the requirements of Chinese banks because we don't have real estate or equipment in Shanghai to mortgage," Liu said after talking to a dozen banks at the fair.

"You can't imagine how difficult it is for an SME to obtain a bank loan, so I'm glad we have more choices now from overseas lenders," she said.



Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
青州市| 镶黄旗| 东光县| 吐鲁番市| 天柱县| 淳化县| 凤庆县| 阳新县| 通州区| 沂源县| 大连市| 曲阳县| 宣城市| 青海省| 柳州市| 商水县| 上杭县| 南城县| 舒兰市| 丘北县| 康保县| 连南| 延津县| 江阴市| 巧家县| 准格尔旗| 遂平县| 城口县| 施秉县| 澄迈县| 新民市| 南和县| 寿阳县| 兴和县| 车致| 汕尾市| 怀仁县| 通州市| 资源县| 蕲春县| 墨玉县|