sme

Zhang Su is joining from Exane BNP to focus on fast-growing small and mid-cap companies in China and Hong Kong.

About 80% of smaller companies are considering using renminbi to settle trade with Chinese partners, while 20% are already doing so, according to a Deutsche Bank survey.

The government is to launch regional over-the-counter equity markets to provide financing channels for small, unlisted companies.

SME banking is evolving fast as a new generation of firms demands more sophisticated banking services.

Malaysia’s small and medium-size businesses are benefitting from government support and more downstream business from multinationals.

Small business owners want banks to provide simple and fast services, and they want respect and recognition, says OCBC Bank.

Banks are offering more sophisticated cash management services to cater to their increasingly savvy SME clients.

The German bank wants to grow its corporate banking business volume in China by one-fifth in 2011 and is basing its growth expectations on strong economic performance in Germany and China.

Shayan Hazir is appointed HSBC’s new Asia-Pacific head of business banking within the global payments and cash management team.