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The rise of commercial factoring companies in China

The factoring team at China Minsheng Bank explain the development of commercial factoring in China, how it has grown over the past few years, and where it is headed in the future . . . (more…)

#bank#financial services#guarantees

Chinese fish exporter secures funding from DS-Concept

Client to use non-recourse export factoring deal to meet rising demand (more…)

#exports#funding#WHO


China’s first commercial factoring association holds inaugural meeting

Meeting for Pudong New Area commercial factors held in Shanghai, key aims agreed and cooperative agreement put in place (more…)

#regulation#risk#supply chain finance


ANZ appoints new managing director for global transaction banking

Appointee currently global head of transaction services at RBS (more…)

#Allianz#bank#ING


HSBC appoints new GTRF head for Japan

New director for global trade and receivables finance in the country has over 30 years experience in the industry (more…)

#bank#international#International Trade


Factoring facility used to purchase Chinese PV project

Undisclosed receivables funding goes toward Californian firm's purchase of solar panelling installation (more…)

#funding#Produce#receivables


Property billionaire launches two factoring companies

Both firms to operate from Chongqing with identical registered capital (more…)

#Two


Sumitomo Mitsui buys stake in Indian NBFC

Financial company to offer clients of Japanese bank supply chain finance assistance (more…)

#bank#management#NBFC


Cabinet approves Credit Guarantee Fund for Factoring

News follows last week's RBI receivables exchange platform guidelines (more…)

#bank#financial services#guarantees


TReDS guidelines finalised

Reserve Bank of India confirms rules for trade receivables discounting platform (more…)

#bank#discounting platform#receivables


IFCI looks to sell stake in factoring firm

Finance corporation planning to sell a 25 per cent stake in IFCI Factors (more…)

#bank#financial services#investment

Cogobuy growth boosted by firm’s new supply chain finance...

Chinese e-commerce company expects its new SCF business to be a key growth driver in the next year (more…)

#e-commerce#supply chain finance#Supply Chain Financing

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