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Leading electronic industry supplier seeks factoring finance

Suzhou Victory Precision Manufacture and its subsidiary announce that they will enter factoring agreements with a pool of banks. (more…)

Zoomlion to launch factoring in TEDA

New factoring company is launched in the Tianjin Economic Development Area. (more…)

#leasing#Supply Chain Financing


Agricultural Bank of China to create robust SCF solution

Agricultural Bank of China will focus on creating innovative SCF solution under the new 2013-2015 Product Innovation Plan. (more…)

#bank#cash management#management


China's credit crunch takes a turn for the worse

China s cash crunch intensifies as PBOC declines to inject liquidity. (more…)


Coal and steel industries – prime users of SCF

China Supply Management Survey of 821 companies reveals lower level of development of SCF programmes compared to the developed economies.…


Fake trade invoicing in China could reach USD75 billion...

Fake invoicing inflated China's official international trade figures by around USD75 billion in the first four months of 2013, local…

#exports#international#International Trade


Steel giant to provide online trade finance to supply...

The Chinese steel giant Baosteel Group is exploring new territory to set up an e-commerce platform for steel trading combining…

#e-commerce#financial services#management


Richard Pieris Group to offer invoice discounting to its...

Richard Pieris Group launches finance company. (more…)


China bids to boost SME financing with trading platform...

China has launched its biggest equity trading platform in Shenzhen, aimed at increasing access to finance for small and medium-sized…


China Everbright launches loan programme for SMEs

China Everbright Bank has launched a mutual fund loan programme for SMEs, in alliance with local chambers, associations, and marketplaces.…

#bank#banks#smes


Fortune agrees deal to set-up landmark asset management scheme

Fortune International Factoring Co., a new factor in China, has signed an agreement with China Orient Securities Co., Ltd. to…

#funding#international#international factoring


Postal Savings Bank starts SCF operations

Shandong Branch of the Postal Savings Bank has paid out its first funding transaction within its SCF programme. (more…)

#bank#funding#Paid

Rs425 billion of unpaid receivables may be sucuritised

Government is looking at securitising power firms assets in order to raise funds and help retire the mounting circular debt.…

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