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Canbank Factors expects to be on target for turnover and profits this fiscal year despite the slowdown. The projected turnover of Rs 1,100 crore of turnover would be met this fiscal year, said Mr B. Sukumaran, Managing Director. Attributing the...
A Finance Ministry official has commented that even though the attack on Afghansistan has not done the economy any good,…
#bank#Exim Bank#exporters
Global Trade Finance Private Limited (GTF) is looking at doing export factoring of $200 million and forfaiting business of $20…
#bank#exporters#global trade
Japan's parliament is preparing legislation this week that will empower the Resolution and Collection Corporation (RCC) to purchase a larger…
Canbank Factors, India’s largest factor by market share, have released their annual accounts for the year ended 31 March 2001.…
#assignment#assignment of receivables#financial services
The three largest commercial banks in Taiwan have temporarily suspended negotiations for letters of credit for Taiwanese companies doing business…
#bank#Bank of China#banks
The Ministry of Finance has issued a green light for the 'big-three' commercial banks--First Commercial Bank, Hua Nan Commercial Bank…
The new Indian factoring and forfaiting company Global Trade Finance, a joint venture between EXIM Bank and West LB, is…
#bank#conference#credit protection
As part of its attempts to keep pace with the rapidly changing scenario in the financial sector, the Indian Institute…
Global Trade Finance Pvt Ltd, the factoring joint venture company of Exim Bank of India, WestLB (Westdeutsche Landesbank Girozentrale) of…
#bank#emerging markets#exporters
LG Capital said yesterday that its name will be changed to LG Card Co. starting Sept. 1. The company said…
The Ministry of Finance announced on 1 August a set of draft rules governing the management of mutual trust funds,…
#bank#bonds#guarantee
Taiwan-based Bank Sinopac launched a website--MMAb2b.com to provide factoring service for enterprises in August 2000. Bank Sinopac has recorded a…