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                    [ArticleID] => 298805
                    [Title] => Standard Chartered Bank joins SME bandwagon
                    [Summary] => Standard Chartered Bank (SCB) is among the latest player to jump onto the bandwagon to cater to small and medium enterprises (SMEs) in India, alongside ICICI Bank, HDFC Bank, IndusInd Bank, IDBI Bank and Citibank. 


It doubled its exposure to SMEs in the past two years, to capitalize on returns of between eight to 10 percent in the sector. 


To cater to the growing SMEs sector, SCB created a virtual SME Banking arm to serve as a one-stop financial service center for SME customers. 


                    [DatePublished] => 2005-09-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 188800
                    [Title] => PSE to tap institutional investors
                    [Summary] => The Philippine Stock Exchange (PSE) intends to tap the International Finance Corp. (IFC) and the Bankers Association of the Philippines (BAP) as institutional investors to frontload its public listing planned next year.


PSE chairperson Vivian Yuchengco said the IFC, the World Bank’s private sector investment arm, has expressed interest in taking up a 10 percent stake in the PSE once it gets listed. 


The BAP, on the other hand, could engage in a share swap with the PSE on the fixed income exchange that the two groups also plans to launch by next year.


                    [DatePublished] => 2002-12-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 177699
                    [Title] => SEC to PSE: Justify plan to acquire full ownership of SCCP
                    [Summary] => The Securities and Exchange Commission has asked the Philippine Stock Exchange to justify its plan to acquire full ownership of the Securities Clearing Corp. of the Philippines as this is contrary to an earlier directive of the commission requiring the Exchange to divest its shareholdings in the SCCP.


SEC Chairperson Lilia R. Bautista said the PSE must secure the approval of the commission of its plan to increase its stake in SCCP. "They have to justify that there is no point in our basis for them to divest their shareholdings in SCCP," she said.


                    [DatePublished] => 2002-09-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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BANK AND CITIBANK

Array
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    [results] => Array
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            [0] => Array
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                    [ArticleID] => 298805
                    [Title] => Standard Chartered Bank joins SME bandwagon
                    [Summary] => Standard Chartered Bank (SCB) is among the latest player to jump onto the bandwagon to cater to small and medium enterprises (SMEs) in India, alongside ICICI Bank, HDFC Bank, IndusInd Bank, IDBI Bank and Citibank. 


It doubled its exposure to SMEs in the past two years, to capitalize on returns of between eight to 10 percent in the sector. 


To cater to the growing SMEs sector, SCB created a virtual SME Banking arm to serve as a one-stop financial service center for SME customers. 


                    [DatePublished] => 2005-09-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 188800
                    [Title] => PSE to tap institutional investors
                    [Summary] => The Philippine Stock Exchange (PSE) intends to tap the International Finance Corp. (IFC) and the Bankers Association of the Philippines (BAP) as institutional investors to frontload its public listing planned next year.


PSE chairperson Vivian Yuchengco said the IFC, the World Bank’s private sector investment arm, has expressed interest in taking up a 10 percent stake in the PSE once it gets listed. 


The BAP, on the other hand, could engage in a share swap with the PSE on the fixed income exchange that the two groups also plans to launch by next year.


                    [DatePublished] => 2002-12-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 177699
                    [Title] => SEC to PSE: Justify plan to acquire full ownership of SCCP
                    [Summary] => The Securities and Exchange Commission has asked the Philippine Stock Exchange to justify its plan to acquire full ownership of the Securities Clearing Corp. of the Philippines as this is contrary to an earlier directive of the commission requiring the Exchange to divest its shareholdings in the SCCP.


SEC Chairperson Lilia R. Bautista said the PSE must secure the approval of the commission of its plan to increase its stake in SCCP. "They have to justify that there is no point in our basis for them to divest their shareholdings in SCCP," she said.


                    [DatePublished] => 2002-09-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Standard Chartered Bank joins SME bandwagon

September 27, 2005 - 12:00am

Standard Chartered Bank (SCB) is among the latest player to jump onto the bandwagon to cater to small and medium enterprises (SMEs) in India, alongside ICICI Bank, HDFC Bank, IndusInd Bank, IDBI Bank and Citibank....

Banking

PSE to tap institutional investors

By Christina Mendez | December 22, 2002 - 12:00am

The Philippine Stock Exchange (PSE) intends to tap the International Finance Corp. (IFC) and the Bankers Association of the Philippines (BAP) as institutional investors to frontload its public listing planned next...

Business

SEC to PSE: Justify plan to acquire full ownership of SCCP

September 28, 2002 - 12:00am

The Securities and Exchange Commission has asked the Philippine Stock Exchange to justify its plan to acquire full ownership of the Securities Clearing Corp. of the Philippines as this is contrary to an earlier directive...

Business