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Asia

Factoring to help overcome working capital crunch

Because arranging short-term finance remains a matter of concern for small- and medium-size enterprises (SMEs), the central bank yesterday suggested the introduction of factoring. Factoring will help SMEs overcome shortage of working capital as they can get it without any...

In an interview with a leading factor, legal framework...

While foreign banks eye `factoring' as the future finance product for India, corporates operating in this space for the last…


BPI to increase loan portfolio for SMEs

The Bank of the Philippine Islands (BPI) said it was expanding its loan exposure to small and medium enterprises (SMEs)…

#bank#management#risk


First large non-recourse factoring deal for StanChart

Standard Chartered Bank has concluded a factoring deal worth $25m for Bharat Forge Ltd, a castings and forgings supplier based…

#bank#capital requirements#credit risk


Small firms' confidence worsening

The business confidence of small companies is expected to continue to fall thoughout September, according to a report by the…

#exports#small business#small businesses


Exports up again in July

Hong Kong's exports in July rose 16.5% year-on-year to HK$ 183.6 bn, after an 18.2% growth in June, the government…

#exports#trade


Bank of Communications ratings outlook raised

Standard & Poor's (S&P) Ratings Services has revised the outlook on its 'BB' long-term foreign currency counter-party credit rating on…

#acquisition#asset management#bank


China Exim taps the market for extra $250m

The Export-Import Bank of China (China Exim) increased its month-old 2014 dollar bond issue to $1bn yesterday by tapping the…


Zurich's Emerging Markets Unit adds marketing manager in Hong...

Zurich has announced the appointment of a new marketing manager to join its business unit in Hong Kong, which provides…


PhilEXIM lowers fee rate

The Philippine Export-Import Credit Agency (PhilEXIM) has approved a package of measures that would reduce the cost to exporters of…

#exporters#guarantees#risk


SME credit ceiling of National Bank raised

The State Bank of Pakistan (SBP) has raised small- and medium-sized enterprises (SMEs) credit ceiling of state-controlled National Bank of…

#bank#international#management


Factor’s shares surge 16pc on first day trading

Shares of Dhanamitr Factoring (DM) have surged THB2.30, or 16 per cent, to THB16.60 on its first trading day, buoyed…

Seek factoring to fund your working capital, says expert

If Bangladesh wants to attain steady growth in its SME sectors, it should urgently introduce a new financial service like…

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