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The Asian Development Bank (ADB) is investing up to $25 million in a new fund designed to support the growth of small- and medium-sized enterprises (SMEs) in ASEAN countries and (more…)
China Merchants Bank (CMB) has reportedly signed a strategic cooperation agreement with the Royal Danish Consulate General in Shanghai, according…
J.P. Morgan today announced that it has received approval to provide Renminbi (RMB) cross-border trade settlement services (more…)
Bank lending to SMEs in Pakistan fell 20 per cent between December 2007 and 2009, State Bank of Pakistan Governor…
#bank#banks#SME financing
The Korea Chamber of Commerce has called for the government to extend its financial program for small and medium-sized businesses…
#bankruptcy#economic recovery#funding
Lenovo and CIT Group today signed a letter of intent to establish Lenovo Financial Services (LFS). LFS is a (more…)
#CIT#financial services#leasing
Japan s Ministry of Finance have reported a 43.5 per cent increase in exports in the last twelve months, with…
Arvind Sonmale, outgoing Managing Director of Global Trade Finance talks to Factorscan about the development of the country s factoring…
#bank#exporters#management
Korea Eximbank have announced they expect to experience increased demand in export finance in the coming months as (more…)
Broking house Firstcall has recommended `Buy` on Punjab National Bank in a report released on Tuesday, pointing towards the bank…
Chairman Chief Executive of J K Bank Ltd, Dr Haseeb A. Drabu, has urged financial institutions to look to factoring…
#bank#invoice#SME lending
Secretary of the ministry for MSMEs in India, Dinesh Rai, recently gave his support to the further development of factoring…
#bank#factoring industry#financial services
The Factoring Committee of the China Banking Association held its first annual meeting in Shanghai on April 7. (more…)
#bank#Bank of China#banks