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Global Trade Finance Pvt Ltd (GTF), receivables management and export-financing company promoted by Exim Bank of India, WestLB of Germany and International Finance Corporation of Washington, today said it would explore opportunities in the Rs 7,000-crore domestic factoring business. GTF,...
#bank#exporters#exports
ICICI Bank, with five other financial intermediaries, has set up a Rs 800 crore India Advantage Fund for the equity…
#bank#guarantees#management
The Export Credit Guarantee Corporation of India Ltd (ECGC) has reduced premium by between 20 and 40 per cent on…
With the continued strengthening of the euro against the dollar, several export-driven companies are seriously considering switching to the euro.…
#bank#international#International Trade
In a watershed Exim policy, government announced a major package for exports of services, special focus on high growth sectors…
#exports#global trade#software
Siam General Factoring said its board on March 28 approved no dividend for 2002 due to retained loss, a capital…
#Clear
A senior leader of Myanmar's ruling military junta has urged those who have borrowed from crippled banks to repay their…
Power producers will now be able to insure their receivables against non-payment of payments due as the insurance sector is…
Bank Negara governor, Tan Sri Dr Zeti Akhtar Aziz, announced monetary measures aimed at addressing the current economic challenges during…
Bank of India (BoI) plans to introduce an exclusive Small Scale Industries (SSI) credit rating system which will take into…
#bank#interest rates#management
The Taskforce on Project Exports, set up by Prime Minister’s Office in June 2002, has recommended in its report that…
Commerce Asset-Holding Bhd recorded a higher pre-tax profit of RM747.6m for the year ended Dec 31, 2002, compared with RM515.6m…
#bank#CIMB#commercial finance
Canara Bank has launched a new scheme for small-scale industries (SSIs) banking with it. The bank will sanction a stand-by…
#bank#interest#working capital