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Asia

HSBC launches RMB cross-border payments and collections in Shanghai...

HSBC launches centralised RMB cross-border transaction management in Shanghai Free Trade Zone (more…)

#bank#cash management#management

Surging factoring volumes present potential risks

Factoring business continues to show explosive growth, Bank of China Professional Committee on Bank Factoring says (more…)

#bad debts#bank#Bank of China


HSBC and ICC launch trade knowledge centre

HSBC Bangladesh and the International Chamber of Commerce Bangladesh yesterday jointly launched a knowledge hub for exporters and trade professionals…

#bank#exporters#international


PNB drops India Factoring

PNB sells stake in India Factoring & Financial Solutions Ltd. (IFFSL) (more…)

#bank#India Factoring


Euler Hermes and HSBC extend their partnership to Malaysia

Euler Hermes in partnership with Allianz Malaysia launches trade credit insurance for HSBC Malaysia (more…)

#Allianz#bank#receivables


Trade Finance in China – a rocky road ahead?

As we enter the Chinese New Year of the Horse, the U.S. Fed’s decision to begin tapering in early 2014…

#ADB#bank#Bank of England


Sate-owned insurer to roll out credit insurance

The Burma’s state-run insurance company plans to introduce credit insurance within the next few months... (more…)

#guarantee#insurance#international


Third party payment limit withdrawn

The Reserve Bank of India has withdrawn the third party payment limit for imports of goods... (more…)

#bank#banks#channel


Philippines suffers multibillion losses due to false trade invoicing

Around USD410 billion in illicit money, much of it derived from false trade transactions, flowed in and out of the…

#bank#exports#invoice


China in 2014 : stable growth with risks with...

Coface international credit insurer forecasts the potential negative impacts on the real economy of China as a result of the…

#conference#international#liquidity


Trade money laundering doubles since 2009

Top government agencies set up committee to probe trade-based money laundering... (more…)

#frauds#i#trade


ECGC waits for approval to move into export factoring

ECGC is awaiting IRDA approval to start operations in the field of export factoring for MSMEs… (more…)

#exporters#exports#management

Kunshan approved as factoring pilot zone

Kunshan city in the Jiangsu Province of China, has been approved as the next factoring pilot zone in China... (more…)

#trade#Two

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