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Asia

BoAML and China UnionPay launch cash management suit

BoA Merrill Lynch and China UnionPay launch cash management alliance. (more…)

Banks prepare for legal battle with Export Credit Guarantee...

A consortium of 25 banks winds up petition against ECGC in Zoom Developers case. (more…)


Nation's first single short-term export credit insurance launched

PICC issues first single short-term export credit insurance. (more…)

#export credit insurance#insurance


Automobile and motorcycle industry in Wenzhou test the water...

Motorcycle Association and Investment Management Consultant, partner to promote factoring. (more…)


BRSA: New factoring branches must have minimum TLY1m capital

BRSA updated principles for the establishment and operation of financial leasing, factoring and consumer finance companies. (more…)


Binhai New Area to become factoring capital

The third factoring pilot is launched in Binhai New Area. (more…)

#bank#international#international factoring


Standard Chartered to fund coffee business’ working capital needs

Standard Chartered Bank and Daklak Simexco sign a multi-million dollar loan agreement. (more…)


IFC invests USD22m in Ratnakar Bank to boost financing...

The International Finance Corporation (IFC) has made an equity investment of US$22 million in Ratnakar Bank to support financial inclusion…


Suning Tesco launches SCF programme

Suning Tesco offers suppliers two types of loans. (more…)

#Two


LandBank of the Philippines chooses Polaris’ trade finance solution

LandBank of the Philippines goes live with Polaris' Intellect Trade Finance Solution. (more…)

#bank#guarantees#management


Fitch simultaneously affirms and withdraws Ekspo Faktoring rating

RPT-Fitch Affirms Ekspo at 'BBB+(tur)'; Withdraws Rating. (more…)


Turkish exporters receive boost following signed protocol agreement

Aimed at increasing the competitiveness of exports and exporters, the Turkish Exporters Assembly (TIM), TURK EXIMBANK and the Turkish Factoring…

#bank#exporters#international

Proposed changes to bankruptcy law to encourage rational distribution...

Key changes proposed in the new Rehabilitation and Bankruptcy Law affect involuntary petitions for bankruptcy, invalidations, trustees' avoidance powers, debtors'…

#bankruptcy#insurance#management

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