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Asia

Late payment total grows 15pc annually

The Sinosure debt collection division handled 358 cases of overseas debt collection last year, compared with 184 in 2004. There is no exact figure of how large a burden of overdue accounts Chinese firms carry (more…)

#debt collection#international#late payment

SMEs' access to finance eased

The Turkish Union of Chambers and Commodities Exchanges (TOBB) and the Turkish Development Bank (TKB) signed a protocol of cooperation…

#bank#exporters#exports


Global Trade Finance firms IPO, to offer L/Cs in...

Global Trade Finance (GTF), the joint venture factoring company started by Exim Bank of India, is planning to come out…

#bank#Exim Bank#global trade


Lack of finance and information impairs SME exports/imports

Since China had fully opened its import and export rights and adopted a registration for (more…)


Loans to small firms hit record

Domestic lenders have shifted their focus to small- and medium-sized companies (SMEs) from households for their main source of income…

#bank#banks#smes


Coface to set up factoring subsidiary

Coface, the French credit insurance specialist, is to set up a subsidiary for factoring in Japan under the name (more…)

#insurance#management


Fledgling credit bureau scheme aims to boost SME financing

SME finance is characterised by information asymmetries; a lack of credit information about SME borrowers and non-existence of SME-specific credit…

#bank#interest rates#management


Bangladesh Bank contemplating factoring and forfeiting

Bangladesh Bank has formed a committee to formulate rules and regulations for exploring the potential of launching factoring and forfaiting…

#Bangladesh bank#bank#international


Siam General Factoring announces Q3 results

Siam General Factoring reported a Q3 net profit of 507.31m bt compared to (more…)


Concern over shrinking bank credit to SMEs

Industrial Development Bank of India director, K Narasimha Murthy, has observed that the rate at which bank credit for the…


Exim Bank on track to achieve lending target

The Export-Import Bank of Thailand approved a total of Bt17.4bn ( 372m) in new loans and export-credit insurance policies during…


Breath of life for SMEs with 'Anatolia Approach'

A package called the Anatolia Approach, devised to help solve the financial problems of 70,000 small- and medium-sized enterprises (SMEs),…

ABN AMRO launches China asset-based and receivables business

The newly established entity, ABN AMRO Leasing (China) Co Ltd, will offer products such as financial leases, operating leases, sale…

#ABN AMRO#ABN AMRO Asset Based Finance#bank

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