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Asia

KCCI calls for extension of government SME finance program

The Korea Chamber of Commerce has called for the government to extend its financial program for small and medium-sized businesses (SMEs) past (more…)

#bankruptcy#economic recovery#funding

Lenovo and CIT to establish Lenovo Financial Services

Lenovo and CIT Group today signed a letter of intent to establish Lenovo Financial Services (LFS). LFS is a (more…)

#CIT#financial services#leasing


Credit scoring system launched to ease SME finance process...

A new credit rating facility has been launched with the intention of easing access to credit for SMEs in Singapore.…


Bank of Queensland purchases CIT ANZ

Australian financial institution Bank of Queensland Limited (BOQ), and CIT Group Inc yesterday signed a purchase agreement under which BOQ…

#bank#business finance#CIT


Garanti Factoring reports growth in first quarter earnings

Garanti Factoring has reported a 23 per cent increase in earnings for the first quarter, with a net profit of…

#cash-flow#factoring industry#supplier finance


Halkbank and TOBB provide funds for small firms

The Turkish Union of Chambers and Commodity Exchanges (TOBB) and Halkbank are to provide over (more…)


ADB approves loan to MSE lenders in Uzbekistan

The Asian Development Bank's (ADB) Board of Directors has approved a loan of (more…)


Japanese exports rise 43.5 per cent

Japan s Ministry of Finance have reported a 43.5 per cent increase in exports in the last twelve months, with…


An Indian retrospective

Arvind Sonmale, outgoing Managing Director of Global Trade Finance talks to Factorscan about the development of the country s factoring…

#bank#exporters#management


Report forecasts increased demand for export finance in second...

Korea Eximbank have announced they expect to experience increased demand in export finance in the coming months as (more…)


SMEs set to benefit from government export finance scheme

The Bank Islam Brunei Darussalam (BIBD) has launched a new SME finance scheme in conjunction with the Brunei Government to…


Factoring venture supports PNB ‘buy’ status

Broking house Firstcall has recommended `Buy` on Punjab National Bank in a report released on Tuesday, pointing towards the bank…

Banks should look to factoring to boost SME finance,...

Chairman Chief Executive of J K Bank Ltd, Dr Haseeb A. Drabu, has urged financial institutions to look to factoring…

#bank#invoice#SME lending

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