According to Jeff Liu, Senior Vice President of the Chailease Finance Corporation, several banks are currently urging the Ministry of Finance to allow them to provide an import factoring service. The Ministry of Finance has studied the request, but so far has not reached a conclusion. Reasons for the delay in a response are thought to include objections from the Central Bank, who are concerned by the level of risk which banks will be exposing themselves to if an import factoring service is allowed.
