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Asia

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 predicted to be the 1 July 2002, subject to the necessary approval of the authorities The name of the new...

#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


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…

#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

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