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Asia

PNB launches Super Trade finance scheme

Punjab National Bank (PNB) has introduced a new scheme named Super Trade for financing traders and services sector. Under this scheme finance is available to (more…)

ECGC unveils scheme to provide credit risk cover

Export Credit Guarantee Corporation of India (ECGC) and the Ministry of Commerce have set up a National Export Insurance Account…

#bank#credit risk#exports


Siam General Factoring asked for details of EWC loan...

The Securities and Exchange Commission (SEC) has ordered Eastern Wire Plc (EWC) and Siam General Factoring (SGF) to disclose details…

#bank#DEC#guarantee


Carlyle spends US$25m for stake in SME credit guarantor,...

The Carlyle Group has invested US$25m to acquire new shares in a Chinese private credit guarantor for small- and medium-sized…

#ADB#bank#guarantees


Thai Factor Association calls for legal framework for factoring...

The Thai Factor Association (TFA) has called on the Finance Ministry to establish a legal framework for the factoring business.…

#bank#interest rates#international


ICICI first bank in India to provide TradeCard export...

India's second largest bank has signed a partnership agreement to offer pre- and post-export financing to customers of financial supply…

#bank#financial services#First Bank


Government to diversify credit guarantee rates for small businesses

The government plans to diversify its credit guarantee fees for small businesses from 1April by setting nine different rates based…

#banks#funding#guarantee


China Ex-Im Bank loans to Inner Mongolia's foreign trade...

The Import and Export Bank of China signed a cooperative agreement with the Manzhouli municipal government of the Inner Mongolia…


Banks rely too much on collateral

South Korean banks are still reluctant to extend loans to companies on the basis of their credit analysis of borrowers…


Export-credit insurance plays bigger role in trade

For Tang Ruoxi and the China Export Credit Insurance Corporation under his leadership, the year 2005 is undoubtedly of special…


Demand for factoring outstrips supply

Venture capital firms predict a positive future for factoring services, with small- and medium-sized enterprises (SMEs) representing a (more…)


Coface warns firms on growing problem of credit risk...

The head of a credit insurance company yesterday cautioned mainland-based Taiwanese enterprises against credit risk, a growing problem facing investors…

One third of VC firms collapsed last year

One third of the country's venture capital companies are believed to have collapsed in the past year. There were (more…)

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