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APAC

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 Development Bank of India — have been granted in-principle approval for setting up the Trade Receivables Discounting System (TReDS) (more…)

#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


SME decline: government called to action

Prominent practitioners and stakeholders of the SME sector in Pakistan have urged the government to address the serious decline of…

#bank#forum#international

Taulia cites Japanese expansion as key growth driver

Launch of business exchange in Japan behind healthy second quarter figures (more…)

#compliance#invoice#management

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