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Asia

China Exim Bank pledges to help exporters

The Export-Import Bank of China (China Exim Bank) said on Friday it would speed up financial innovation to increase support (more…)

Canbank Factors posted 25% factoring volume growth

Canbank Factors Limited has posted 25.66 per cent growth in factoring volume of (more…)


SME lending to double in 5 years, government urges...

Finance Minister P Chidambaram on Friday said the government has decided to double the (more…)


Global Trade Finance plans IPO

Exim Bank of India-promoted Global Trade Finance Pvt Ltd (GTF) proposes to (more…)

#bank#guarantees#international


Global Trade Finance pioneers non-recourse factoring in domestic market

Global Trade Finance Ltd. has introduced, for the first time in the country, a product that provides for domestic factoring…


Ministry of Justice to review factoring legal framework

The Ministry of Justice plans to revise the nation's lending laws that were crafted in 1896, updating them to accommodate…


P3-B fund to support SMEs in 2006

Available funding worth P1 to P3 bn will support the small- and medium-sized enterprises (SME) sector next year. SMEs comprise…


Euler Hermes enters the Turkish credit insurance market

Euler Hermes, the world s leading credit insurer and member of the Allianz group, has signed a cooperation agreement with…

#Allianz#bad debts#insolvencies


Credit rating agency assigns A1+ rating to GTF debt...

The ratings are based on the strength and commitment of GTF's (more…)


SME bankruptcy figures tumble in 2005

The number of insolvent companies decreased sharply this year on strengthened efforts to improve their financial structures (more…)


“Factoring services yet to pick up in India” –...

According to G R Seshadri, managing director, Canbank Factors Limited, Bangalore (more…)

#bank#cash-flow#global factoring


FDI regulations for the finance industry

The government has committed itself to deciding on proposed FDI projects within 30 days, but foreign investors still complain that…

#bank#banks#financial services

EBRD takes stake in private bank, lends US$2.5m for...

The European Bank for Reconstruction and Development (EBRD) is taking a US$900,000 stake in (more…)

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