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Asia

SBI Global Factors reports huge loss for 2010-2011

SBI Global Factors total income decreased 49 per cent. (more…)

#exports#international#international factoring

New Garanti Factoring GM expects further growth

Hulki Kara forecasts 25 per cent growth for Garanti Factoring this year. (more…)


Export firms to get credit insurance aid

The Vietnamese Ministry of Finance will assist domestic businesses with 20 per cent export credit insurance premiums based on staples…

#conference#exporters#exports


India Factoring lays down two-year SME lending plan

Mumbai-based India Factoring and Finance Solutions, a non-banking financial company, is planning to lend Rs 10,000 crore to SMEs and…


RBI extends export credit rate ceiling

The Reserve Bank of India (RBI) has extended the ceiling rate on export credit in foreign currency by banks for…


FIEO propose new measures to boost export credit

The Federation of Indian Export Organisations (FIEO) has suggested a number of measures to increase availability of credit to the…


OPIC approves USD400m SME lending fund

The Board of Directors of the Overseas Private Investment Corporation (OPIC) has approved US$400 million in financing to support SME…

#bank#international#SME lending


Renewed regulation on factoring to be passed by Parliament

The Grand National Assembly of Turkey is to discuss a new regulation on financial leasing, factoring and financial companies. (more…)

#leasing#regulation


Octet Trading Card website is launched

Octet, Shanghai based, independent factoring company, looks to cooperate with financial institutions to offer its Trading Card solution. (more…)

#Accelerated Payments#international#Octet


Deutsche to commence factoring and forfeiting

Banking Regulation and Supervision Agency (BRSA) authorized factoring and forfeiting activity of Deutsche Bank AG. (more…)


ICBC acquires domestic factoring from Laiwu

Industrial and Commercial Bank of China announces purchase of domestic factoring business from Laiwu Iron and Steel Group Company Ltd.…


Turkish Factoring Association re-elects chairman

Zafer Ataman has been re-elected as a Chairman of the Board (more…)

#Cagatay Baydar#WHO

MSMEs set for extra financial government aid

Small and micro enterprises in China may receive more financial support as the central government takes measures to solve their…

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