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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


Reserve Bank of India announces regulatory changes

Threshold alterations to affect factors and other non-bank financial companies (more…)

#bank#Two

Hongkou district of Shanghai approved as a commercial factoring...

Factoring companies will be able to finance the district's large base of industrial SMEs (more…)

#credit risk#guarantees#management

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