Bank of China’s international factoring surges 800% in first half 2003


The international service of the Bank of China rose greatly in the first six months of this year. The bank's international factoring service rose by 832.23 per cent year-on-year in the first half.

International settlement hit a record high, US$29.614 billion more than in the same period in 2002, a growth of 35.43 per cent.

Source: Asia Pulse



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Posted on Jul 28, 2003
Region: China