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Asia

UK Export Finance resumes short-term cover for Burma

UK Export Finance is resuming its short-term cover for British exports to Burma for the first time in over 20 years. (more…)

#export finance#exporters#exports

Factoring fraudster gets lighter sentence due to “underlying objective”

Man who issued fictitious invoices worth 1.6 million euros has his jail time reduced by half. (more…)

#bank#cash-flow#insolvency


Sidbi to create receivables finance arm

The Small Industries Development Bank of India is planning to extend its bill discounting service. (more…)

#bank#guarantee#MSME


Deutsche Bank names new head in Thailand

Deutsche Bank promotes Vikas Arora to Head of Global Transaction Banking in Thailand. (more…)

#bank#cash management#Deutsche Bank


India Factoring looks to double its business

India Factoring and Finance Solutions Pvt Ltd aims to reach Rs.4,000 crore factoring volume in 2012. (more…)


Ministry of Commerce launches large scale factoring pilot

Tianjin Binhai and Shanghai Pudong New Areas commercial factoring pilot approved. (more…)


Fiba Group to sell factoring operations

Husnu Ozyegin confirmed that Fiba Group is in negotiations to sell two factoring subsidiaries. (more…)

#interest#Two


SIDBI to raise SMEs funds and focus on factoring

The Small Industries Development Bank of India (SIDBI) plans to raise an additional Rs 17,000 crore from different lines of…

#bank#exports#international


Thai Bankers: SMEs face greater uncertainty in second half

Small and medium-sized enterprises will face more hurdles in the second half of this year amid a gloomier global economy,…


A third of SME capital is from private loans

An audit report has found one third of the capital needed for small and medium-sizedcompanies came from private lending in…


“Triple licence” to cover leasing, factoring and trade finance

Companies applying for a leasing licence will soon be able to receive a factoring and trade finance licence at the…


IFC invests USD55m in City Bank to fund SMEs

The International Finance Corporation (IFC) is providing US$55 million in a loan and trade guarantee to Bangladesh's The City Bank…

Asian-based banks to grow share in regional trade finance

As the euro zone crisis progresses, major western banks give up their positions in Asian trade finance scene to finance…

#bank#Credit Agricole#exports

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