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United Factoring (1993) Co plans to seek a listing on the Market for Alternative Investment by the middle of next year to mobilise funds to lower its lending costs. The factoring company would increase its registered capital by 50-60 million...
Siam General Factoring, the third largest player in the Thai market behind Thai Farmers Heller and Ayudhaya International Factors, has…
The Industry Ministry wants laws establishing a new SME bank to explicitly protect lending officers from legal liability if assets…
#bank#banks#risks
MAYBANK Group has come up with an all-in-one financing package for industrialists requiring financing from scratch for their businesses. The…
The Thai economy has moved ahead strongly in recent months, enjoying growth of 6.6% in the April-June 2000 quarter. During…
#bank#economy#exports
In January-June 2000 the six largest listed Malaysian banks recorded new non-performing loans at an annualised rate of 11% on…
#banks#economy
Singapore’s Keppel Tatlee Finance Ltd (SGX:KTFN) has launched a new internet service called e-Factoring. Developed by S&I Systems Pte Ltd…
Cabinet ministers yesterday approved a final draft of a new factoring bill. Finance Minister Tarrin Nimmanahaeminda said the law would…
#Bill#Factoring bill#liquidity
Details of a new scheme for promptly resolving legal disputes between bankers and defaulting debtors were announced yesterday by Thailand’s…
Since the economic crash of three years ago, Thailand’s banks have been enmeshed in a web of bad debts generated…
Although the rate of economic growth in Malaysia is one of the fastest in the south east Asian region and…
#investment
After the regional financial crisis of 1997 the Malaysian market is finally beginning to turn around. With a recorded growth…
#bank#banks#funding
Bank lending in Thailand declined 18.7 percent, or 820 billion baht, compared with last year's first half, said Thai Farmers…
#bank#DBS#interest rates