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Asia

Bank Indonesia Chief Convicted Following Scandal Involving Era Giat...

After 14 months of prolonged trials, the Governor of Bank Indonesia, Sjahril Sabirin, was finally sentenced to three years in jail on Wednesday for his involvement in the disbursement of Rp 904 billion (US$90.4 million) of Indonesian Bank Restructuring Agency...

#bank#banks#crisis

“Quick Factoring” to Give Boost to Tourism Industry

A new fund tailored to put the zest back into tourism has been established with two billion baht. The Replenish…

#bank#Boost#risk


Global Trade Finance Pte Ltd Gets P1+ Rating from...

Global Trade Finance Private Limited (GTF) has obtained ‘P1+’ rating from CRISIL for Rs. 500 million Commercial Paper Programme. GTF…


Verdict due on Central Bank’s Governor Over Allegations of...

The Central Jakarta District Court is scheduled to present its verdict on Bank Indonesia Governor Sjahril Sabirin on March 6.…

#bank#crisis#Paid


GTF Becomes India's First Ever Forfaiting Institution

Global Trade Finance, India's premier export finance service provider, has become the first Non-Banking Finance Company (NBFC) to obtain the…


Ruling to Ease Debt Disputes in China

Debt disputes are expected to become less of a "headache" for both domestic and foreign creditors in Beijing, as the…

#debt collection#insolvency#Paid


Small Industry Finance Group in Thailand Launches “Quick Factoring”

Quick business-loan approvals are being offered by the Small Industry Finance Corporation, which promises to make a decision within 72…

#bank#SME bank#smes


Siam General Factoring Records Significant Improvements on 2000 Performance

Siam General Factoring reported a net profit of 9.4m bt for Q3, which compares with a net loss of 25m…


Shares in Thai Finance Firm Oversubscribed Almost Five-Fold on...

New shares of Aeon Thana Sinsap (Thailand) PLC, a Thai finance firm offering purchase loans, credit cards, personal loans and…

#ABN AMRO#corporate finance#Two


Factoring Operation Contributes to CAHB Group’s Profits

Commerce Asset-Holding Bhd Group (CAHB) has registered a 10.3% increase in its operating profit to RM1.17bil for the nine-month period…


Collateral Rule to be Relaxed

For years, commercial banks have been urged to improve their credit analysis and risk management to turn away from traditional…


Stock Exchange Board Approve Listing of AEON Thana Thinsap

The Stock Exchange of Thailand (SET) president, Kittirat Na Ranong, said the SET board has approved the listing of AEON…

BFC appoints PWC as advisor

Publicly listed PT Bakrie Finance Corporation (BFC), a subsidiary of the Bakrie & Brothers Group, and its creditors have agreed…

#i#leasing

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