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Asia

Asset finance industry receives US$600,000 boost

The Asian Development Bank (ADB) has put US$600,000 aside to support the development of the leasing industry in Vietnam (more…)

Launch of $180m receivables securitisation fund

BRAC (Bangladesh Rural Advancement Committee) is going to launch the world's first securitisation of a fund of US$180m to provide…


Koc Factoring basks in export accolade

Kocfaktor has been ranked best export finance servicer at the 38th annual general meeting of the Factors Chain International (FCI)…


SBF launches business initiatives

The Singapore Business Federation (SBF) has launched three initiatives to help its members.  It has also elected new council members…

#banks#international


Central bank raises interest rates again

The lifting of the 15 per cent excise tax for foreign investment failed to reduce tensions in the foreign currency…

#bank#inflation#interest


Free trade spells weaker future for local banks

Non-bank companies and retail banks are key competitors to the commercial banks in niches such as leasing, hire purchase and…


MSMED Act to govern late payment charges

Large companies that source inputs from small and tiny enterprises will now have to pay within 45 days of procurement,…


ADB signs first private sector loan to boost SME...

The loan is ADB's first private sector financing and first financing without central government guarantee in Kazakhstan (more…)

#ADB#Asian Development Bank#bank


HSBC opens first commercial transaction centre

HSBC has opened its first Commercial Transaction Centre (CTC) in Sheung Wan. The CTC, a new type of branch for…

#awards#bank#insurance


New factor stresses importance of being honest

Edward McKee Wright is to spearhead the launch of a working capital funding service called Capital + Merchant Business Finance…


China Bohai Bank selects Surecomp for trade finance solution

Surecomp today announced that China Bohai Bank has selected IMEX (more…)

#bank#guarantees#international


Seoul to give credit guarantees for manufacturers at Kaesong

The Korea Credit Guarantee Fund, a government-owned fund, will guarantee loans extended by banks and other financial institutions. The guarantees…

Consolidation Down Under – NZ industry changes

The factoring industry in New Zealand is in consolidation mood once again with the news that ORIX Factors has been…

#bank#invoice#management

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