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GE Commercial Finance (GECF), the business-to-business financial services arm of US conglomerate General Electric, said it will invest up to Rs 1,000 crore (US$220m) to expand its operations in India. GECF is targeting the mid-market segment in the country. “Globally,...
The Korean government yesterday unveiled a set of measures aimed at bolstering the competitiveness of small- and midsize enterprises (SMEs)…
#economic recovery#guarantee#liquidity
Canbank Factors, India’s largest independent factor by market share, is planning to offer import factoring in the country, as a…
#bank#global trade#L/C
China’s Export-Credit Insurance Corporation (EXIC) will provide US$29m in credit insurance, which will cover the financing of a soda plant…
#3M#insurance#investment
The Bank of Maharashtra is set to enter the factoring and forfeiting segment, which is a new concept in India,…
#bank#insurance#international
The Chinese government's measures to cool the economy have further restricted the already limited financing channels for small- and medium-sized…
More productive labour in 2003 helped push growth of value-added of small- and medium-sized enterprises (SMEs) to surpass that of…
#exports#smes
A better global economic environment and potentially higher investments from small- and medium-sized enterprises (SMEs) could lead to an increase…
#economy#international#International Trade
Turkey Economy Bank (TEB) Financial Investments Inc., the private banking, factoring, leasing and investment group, announced yesterday that it is…
#bank#economy#insurance
After insuring the receivables of India’s exporters in the global market, the state-run Export Credit Guarantee Corporation (ECGC) is planning…
#bank#exporters#exports
Despite aggressive corporate restructuring efforts since the financial crisis, nearly three in 10 domestic firms were still unable to pay…
Exim Bank of India will raise its stake in Global Trade Finance (GTF) from 35 per cent to 40 per…
#bank#exporters#global trade
Small- and medium-sized enterprises (SMEs) wanting to finance their information and communications technology (ICT) implementation are currently faced with a…
#cash-flow#Funding Options#smes