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Pudong Development Bank turning ‘green’

Shanghai Pudong Development Bank launches pilot for international carbon factoring. (more…)

#bank#international#international factoring

Corporate bankruptcies decline for second straight month

April business failures down 6.7 per cent in Japan. (more…)


Korea to support IFC-led finance agenda for SMEs

Korea gives USD1 million to IFC's SME agenda.  (more…)


Mahindra Finance to venture into small biz lending

Mahindra Finance plans to take its first step into corporate lending this year with small and medium enterprise (SME) financing.…

#financial services#insurance#SME financing


India Factoring adds new state to its regional network

India Factoring Finance Solutions starts operations in Maharashtra. (more…)

#India Factoring#smes#trade


Public sector banks are ordered to cut lending rates...

The government - the biggest owner of state-run lenders - wants bank chief executives to review lending rates with specific…

#bank#banks#SME loans


Logistics giant launches supply chain finance with seven banks

Shandong High-Speed Group signs a cooperation agreement with seven China based banks to launch supply chain finance services. (more…)

#banks#financial services#supply chain finance


Bank Negara Indonesia opens ‘Japan Desk’ for SME suppliers

BNI joins eleven Japanese lenders to boost SME loans. (more…)

#bank#banks#financial institution


SBI Global Factors reports huge loss for 2010-2011

SBI Global Factors total income decreased 49 per cent. (more…)

#exports#international#international factoring


India Factoring lays down two-year SME lending plan

Mumbai-based India Factoring and Finance Solutions, a non-banking financial company, is planning to lend Rs 10,000 crore to SMEs and…


RBI extends export credit rate ceiling

The Reserve Bank of India (RBI) has extended the ceiling rate on export credit in foreign currency by banks for…


FIEO propose new measures to boost export credit

The Federation of Indian Export Organisations (FIEO) has suggested a number of measures to increase availability of credit to the…

Octet Trading Card website is launched

Octet, Shanghai based, independent factoring company, looks to cooperate with financial institutions to offer its Trading Card solution. (more…)

#Accelerated Payments#international#Octet

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