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Sinosure: Trade partners pose growing credit risks

Chinese companies will face growing risks involving short-term export trade credit in the first quarter of 2012, according to the country's only export and credit insurer. (more…)

#AI#bank#exporters

PBC registers growth of interest in receivables financing in...

Central Bank s Credit Information Center posts a 34 per cent year on year growth in the number of receivables…


Usury flourishes on the back of poor SME lending

The underground credit market accounts to 7 percent of total lending, as the situation with SME lending deteriorated in the…

#bank#DEC#small businesses


Hubei automotive supply chain finance programme posts EUR4.8bn turnover

Bank of China , Wuhan Branch reports CNY 40 billion turnover of its automotive supply chain finance programme in 2011…

#bank#Bank of China#receivables


India Factoring expects 35 per cent factoring market growth

India Factoring (India Factoring Finance Solutions) says that in the next two-three years Indian factoring market will see many new…

#Bill#factoring regulation#India Factoring


SBI ‘may sell’ factoring arm

SBI may sell or absorb arm SBI Global Factors Ltd as a result of the recently passed Factoring Regulation Bill.…

#bank#factoring regulation#regulation


Deloitte: banks experiencing increased fraud

A survey by financial consultancy Deloitte reveals that while fraud level continues to grow, the average value of recovery remains…

#bank#frauds#management


RBI official: Banks have utter disregard for SMEs

Reserve Bank of India (RBI) deputy governor, KC Chakrabarty, has expressed his view that 80 per cent of the bank…


K-sure and Bank Austria get together to support SME...

Bank Austria is set to collaborate with Korea s export credit agency K-sure to support South Korean exporters with financing…

#bank#exporters#management


RBI to treat ‘sick units’

The Reserve Bank of India wants to see more enthusiasm in setting up factoring businesses and plans to revise the…

#bank#factoring regulation#regulation


Factoring Regulation Bill: details revealed

The Factoring Regulation Bill allows any Indian company as a non-banking finance company, to commence Factoring by obtaining registration from…


Fundtech and Dataline join efforts to take the pain...

Two providers of IT solutions for transaction banking and payments, will jointly offer electronic financial supply chain services (more…)

Shandong provincial government facilitates preferential guarantee rates for its...

The Shandong provincial government procurement credit guarantee pilot programme has commenced operations. (more…)

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