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Asia

SME sector growth prompts expansion of Turkish factor

Para Finans Factoring plans to open four more offices in the country this year. (more…)

Government promises to abolish stamp duty on factoring

The government plans to offer stamp duty exemption for sale of accounts receivables. (more…)

#assignment#assignment of receivables#bank


Huawei receives $270 million invoice discounting facility

Large, duel funded invoice discounting facility for Chinese telecoms firm Huawei announced. (more…)

#bank#Bank of China#insurance


Success rate on debt collection remains low in China

The success rate on overall debt collection in China stands at an estimated of only 30%. (more…)


Weihai, China Construction Bank reports significant factoring growth

Weihai Branch of China Construction Bank reports... (more…)


Para Finans to open new branches in 2011

Para Finans Factoring General Manager, Tarik Degirmenci, has told Turkish news site H rriyet Daily that the company plans to…


Lack of funding causes Chinese SMEs to die young

China Forum on Corporate Finance, which was held recently in Beijing, set the average life expectancy of SME at 2.9…

#forum#funding#risk


Canterbury earthquake will force SMEs out of business

Insolvency experts predict an increase in SMEs going bankrupt in April-May as a result of the September 4, 2010 earthquake…


Banks to support export orientated businesses

Bank of China branch in Jiangxi Province confirms its commitment to support to export enterprises. (more…)

#bank#guarantees#international


Small Business Corp. reports record high in SME lending

Lending to micro, small and medium enterprises (MSMEs) by state-owned Small Business Corp. (SBC) reached a record high of P4.2…

#guarantees#international#small business


India Factoring and Finance Solution commences operations

Public sector lender Punjab National Bank (PNB) announced today the opening of its factoring operations... (more…)


China Merchants Bank new loans for SMEs powers ahead

China Merchants Bank s Power Loan offering for SMEs brought 55% of its overall SME business at the end of…

China: the platform of global supply chain finance?

China: the platform of global supply chain finance? Lin Hui, an independent factoring consultant in China, discusses China s integral…

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