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Asia

Survey reveals seventy percent of firms owed money

Whilst the factoring industry continues to experience growth, it has been announced that around 70 percent of firms in Taiwan have money owed to them (more…)

#bank#insolvency#invoice

EBRD opens Istanbul office

The EBRD have opened a new branch in Istanbul, with plans to invest 400m in the Turkish economy (more…)

#bank#economy#funding


Interface announce new office in Singapore

The Interface Financial Group are to expand their international operations with the opening of an office in Singapore (more…)

#international#invoice#receivables


ECS double trade credit insurance scheme

International Enterprise, in conjunction with AON Risk Services, have announced changes to their Export Coverage Scheme that will now give…


Demand for SME finance in Brunei on the rise

HSBC have been in discussions with Brunei’s Ministry of Finance to the aim of further strengthening SME finance strategies in…

#bank#cash-flow#exporters


Kbank to take over Kasikorn’s SME factoring service

Kasikorn Factoring Co. Ltd are to hand over their SME factoring service to parent bank Kasikornbank (Kbank) next year, the…

#bank#economy#leasing


HSBC increase Hong Kong SME fund

HSBC yesterday announced a further increase of $4 billion to its loan for small and medium sized enterprises (SMEs) in…


Exporters hit by lack of factoring finance and credit...

Indian apparel exporters have been hit hard as they are denied access to credit insurance and factoring finance (more…)

#Allianz#Atradius#exporters


PNB to launch factoring subsidiary

Public Sector lender, Punjab National Bank (PNB) plans to enter the factoring business through it s new subsidiary, PNB Factoring…

#bank#global trade#receivables


Domestic bliss

Wei Xing, Manager at the Bank of Communications in China, provides Factorscan with his personal insights into the development of…

#bank#international#invoice


ADB calls for Govt to examine lending policies to...

The Asian Development Bank has called for the Government of the Philippines to reassess its policy of requiring banks to…

#ADB#Asian Development Bank#bank


Strong performance from Garanti Factoring

Garanti Factoring has announced increased earnings for the first half of 2009 (more…)

Difficult times ahead for SMEs

SMEs have been surviving the global financial crisis upon government support, but there could be difficult times ahead according to…

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