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APAC

Alibaba launches SMILE service for Indian SMEs

Chinese e-commerce company, Alibaba.com has announced the launch of a range of services for Indian SMEs selling on Alibaba.com (more…)

#Alibaba#bank#e-commerce

SME financing AskmePay launches

AskmePay, the payment initiative by AskMe group, has launched AskmeFin, a program that will provide various financing options to its…

#digital#receivables#SME financing


Entities get trade receivables go-ahead

Three entities — Axis Bank, Gurgaon-based Mynd Solutions and a joint bid by NSE Strategic Investment Corporation and Small Industries…

#bank#management#receivables discounting


Atradius publishes Asia Pacific payment practices barometer

Atradius, the trade credit insurer, Payment Practices Barometer analyses payment behaviours and trends in key global countries to inform businesses…

#Atradius#international#International Trade


RBI allows banks to fix value for factoring business

The Reserve Bank of India has allowed banks to carry out the business of factoring without any restrictions on the…

#bank#banks#invoice


HSBC’s new APAC commercial banking head

Paul Skelton has been appointed as the new regional head of commercial banking, Asia-Pacific, at HSBC (more…)

#receivables#trade


RBI modifies factoring guidelines

The Reserve Bank of India (RBI) has reviewed and modified existing RBI's instructions/guidelines in relation to the factoring services by…

#bank#factoring regulation#Factoring Regulation Act


GE shortlists buyers

General Electric has shortlisted many Japanese firms including the leasing units of the banks Sumitomo Mitsui Financial Group and Mitsubishi…

#bank#banks#Goldman Sachs


Chinese SME fund to invest only in early stage...

The 60bn yuan (USD9.4 bn) State fund for small and medium-sized enterprises will stick to market-oriented operations and invest only…

#conference#financial institutions#investment


YES Bank to set up SME service centre

Private sector lender YES Bank has announced that it will set up its largest service centre in Chennai to address…

#bank#investment#management


Coface appoints new country manager

Yoshihiro Suchi has been appointed as country manager of Coface in Japan (more…)

#international#management#risk


Siemens selects Deutsche Bank for receivables

Deutsche Bank has announced that it has implemented a Receivables on Behalf Of (ROBO) solution for Siemens Financial Services (SFS)…

#bank#Deutsche Bank#financial services

Bandhan Bank joins the Indian Banking League

Bandhan Bank, headquartered in Kolkata, will concentrate on financing small and medium enterprises. (more…)

#bank#banks#Boost

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