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DS-Concept brings forfeiting of L/Cs to Bangladesh

DS-Concept Factoring GmbH, a specialist in International Trade Financing, now provides forfeiting of deferred Letters of Credit in Bangladesh. (more…)

#bank#exporters#international

RBI to license independent factors

The Reserve Bank of India has announced a new category of non-banking financial companies - Nonbanking Financial Company-Factor (NBFC-Factor). (more…)

#assignment#assignment of receivables#bank


APEC banks reaffirm cooperation to better serve SMEs

Thirteen banks from the Asia Pacific Economic Cooperation (APEC) bloc serving mostly small and medium enterprises (SMEs) reaffirmed their cooperation…


Sidbi to create receivables finance arm

The Small Industries Development Bank of India is planning to extend its bill discounting service. (more…)

#bank#guarantee#MSME


India Factoring looks to double its business

India Factoring and Finance Solutions Pvt Ltd aims to reach Rs.4,000 crore factoring volume in 2012. (more…)


Ministry of Commerce launches large scale factoring pilot

Tianjin Binhai and Shanghai Pudong New Areas commercial factoring pilot approved. (more…)


SIDBI to raise SMEs funds and focus on factoring

The Small Industries Development Bank of India (SIDBI) plans to raise an additional Rs 17,000 crore from different lines of…

#bank#exports#international


A third of SME capital is from private loans

An audit report has found one third of the capital needed for small and medium-sizedcompanies came from private lending in…


“Triple licence” to cover leasing, factoring and trade finance

Companies applying for a leasing licence will soon be able to receive a factoring and trade finance licence at the…


IFC invests USD55m in City Bank to fund SMEs

The International Finance Corporation (IFC) is providing US$55 million in a loan and trade guarantee to Bangladesh's The City Bank…


Asian-based banks to grow share in regional trade finance

As the euro zone crisis progresses, major western banks give up their positions in Asian trade finance scene to finance…

#bank#Credit Agricole#exports


HSBC names Asia receivables finance head

Ricardo Elias joins Bhriguraj Singh's team. (more…)

SMEs use their own means to fight the inflation

Crisil: For 53pc SMEs, bank funding means pipe-dream. (more…)

#bank#funding#interest rates

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