BCR Publishing chose the very heart of the Asia-Pacific region, Singapore, to hold their first Asia-Pacific factoring conference on 12-13 March 2002. Senior factoring executives from 14 countries converged at the sumptuously luxurious Four Seasons Hotel to listen to high-level presentations, network and actively exchange ideas and views on the latest thinking on the future of receivables finance in the region.
Asia-Pacific accounts for a GDP of US$15 trillion and in 2000 a factoring volume of US$77 billion. However, the potential for the region is much greater, with China alone having the real prospect of becoming one of the largest single markets for factoring in the world within a few years.