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Asia

Secretary for Commerce Floats SME Subsidy Idea

The Hong Kong Government could consider investing in small and medium enterprises (SMEs) to help boost overall industry performance, Secretary for Commerce, Industry and Technology, Henry Tang, said yesterday. Speaking on a radio programme, Tang said many SMEs ran into...

#banks#Boost#exporters

TEB’s Factoring Assets Decreased by More than Half in...

The Turk Ekonomi Bankas group has released its consolidated balance sheet for the year ended 31 December 2001. The statement…


Siam General Factoring Praised by Thai Securities and Exchange...

The Thai Securities and Exchange Commission yesterday praised 15 companies for providing management discussion and analysis (MD&A) to investors as…


Unicredito Italiano SpA is to Buy 50% Stake in...

Unicredito Italiano SpA said it has reached an agreement to buy a 50% stake in Koз Financial Services, a unit…

#bank#financial institution#financial services


The Central Factors and Sanwa Business Credit to Merge

The Central Factors Limited and Sanwa Business Credit Co., Limited, announced that they are to merge. The completion date is…

#business finance#international#international factoring


Industrial Bank of Taiwan Announce Launch of Factoring Service

The Industrial Bank of Taiwan, (IBT), announced yesterday that it is to provide a factoring service. Officially founded on July…


Siam General Factoring Reports Decrease in Profit

Siam General Factoring, one of the 10 members of the Thai Factors Association and a leading player in the Thai…


Top Taiwanese Company Moves Premises

The Chailease Finance Cooperation, Taiwan’s market leader in international factoring, today announced they are relocating to new premises. From 29…


GTF on Target to Meet Annual Turnover of 7bn...

On 16 April 2002 the shareholders of Global Trade Finance Private Limited (GTF) at its first AGM approved the accounts…


–SIFC Announces Profit in 2001

The Small Industry Finance Corp, a state-agency set up specifically to help small and medium-sized enterprises has announced that following…


ICICI To Launch New Factoring Software Product

The Mangalore-based ICICI group, which consolidated its in-house IT department to launch ICICI Infotech in 1999, is preparing to develop…


New Law to Make Factoring a More Attractive Alternative...

As the country slowly winds its way out of the protracted recession, small-and medium-sized enterprises (SMEs), the backbone of the…

Thailand's Small Industry Finance Corporation Revamps Loan System

The Small Industry Finance Corporation (SIFC) is stepping up its efforts to lend 30bn baht this year, despite slipping below…

#credit risk#crisis#interest rate

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