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Asia

Chinese government plans to liberalise factoring

Factoring pilots will be extended to economically advanced provinces and cities. (more…)

Debt recovery tribunals in India left in a state...

  Despite new laws banks play shylock in debt recovery tribunal chaos. In a detailed judgment last month, the Supreme Court…

#bank#international#regulation


IFC backs leading Mongolian bank with USD20m for SME...

The International Finance Corporation (IFC) has agreed to provide US$20 million to Khan Bank LLC, Mongolia's largest bank by assets,…

#bank#financial services#international


Bad debts – massive challenge faced by Vietnam

International experts have warned that the bad debts, worth hundreds of trillions of dong would still be the big challenge…


ADB: Developing Asia falls short of trade finance

Companies operating in developing Asia lost out nearly USD425 billion in trade finance in 2011 alone... (more…)

#ADB#bank#guarantees


Iktisatbank launches factoring subsidiary

A factoring company from Northern Cyprus has received an operating licence. (more…)


Factoring, leasing firms grow

Turkey's factoring, leasing and consumer financing companies have showed considerable growth year-on-year, along with their rising net profits, according to…

#leasing#regulation


DB and GE develop multibank cash management solution

Deutsche Bank and GE Treasury team in Japan have developed a new cash management solution. (more…)

#bank#cash management#Deutsche Bank


STANCHART names head of commodity structured finance in Singapore

Standard Chartered has appointed Michael Jakubik as global head of commodity structured finance. (more…)


SME Bank receives second chance

SME Bank restructuring strategy wins Finance Ministry’s support. (more…)


Shadow banking industry thrives

Chinese shadow banking industry provides almost half of all new credits, FT reports. Chinese shadow banking industry accounts for almost…


India Factoring to start export factoring

India Factoring and Finance Solutions stars factoring merchandise exports to Europe and USA. (more…)

RBI issues guidelines for new bank licensees

New norms will allow corporate houses to enter banking space. (more…)

#bank#banks#financial services

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