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Asia

Atradius to advise and support insurer on domestic credit...

Under the co-operation, domestic credit insurance will be offered in China by CCIC to local Chinese companies and to existing Atradius customers with operations in Mainland China (more…)

GTF targets Rs 5,000 cr turnover in 2007

Riding on the back of a 100 per cent year-on-year growth in assets, export-import factoring company Global Trade Finance Ltd,…


Siam General Factoring debt transfer, SET wants answers from...

The Stock Exchange of Thailand has asked Eastern Wire Plc (EWC) to explain a transaction involving seven account receivables that…


Export house for SMEs

The commerce ministry is planning to set up a SME Export House with the objective to promote export trade of…


ECIC aiming for 11.6pc growth in insured business

Government-owned Hong Kong Export Credit Insurance Corporation expects total insured business to grow by 11.6 per cent for the three…


SCB launches new SME working capital resource

Standard Chartered Bank (SCB) launched the new SCB business credit card, aimed especially at owners of small- and medium-sized enterprises…


Exim Bank plans model to finance SMEs

Export-Import Bank of India (Exim Bank) is working on a special model to finance small- and medium-sized enterprises (SMEs) in…

#bank#international#International Trade


No takers for Foremost – yet

Delhi-based Foremost Factors, which was up for sale for quite some time, has once again been turned down by Export…

#bank#global trade#guarantee


ICRA assigns A1+ to SBI Factors & Commercial debt...

The rating indicates highest-credit-quality rating assigned by ICRA to short-term debt instruments. SBIF, a subsidiary of SBI, is one of…


New reduced rate applied to outstanding LTF-EOP loans

State Bank of Pakistan (SBP) announced more benefits for the exporters as interest rate on old loans was curtailed and…


Strong won pulls exporters under

Based on a study by the Commerce Ministry covering 1988 to 2005, for every 10 per cent the Korea won…


Banks getting more flexible in packaging loans for SMEs

Banks have been getting more flexible in packaging their loans to meet the financial needs of small businesses (more…)

CCB plans overseas purchase

Local Chinese-language newspaper Sing Tao Daily yesterday quoted market sources as saying that China Construction Bank (CCB) is planning to…

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