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Asia

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 Reserve Bank of India licence to offer forfaiting services. This should be of benefit to those concerned with the export...

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


Director of PT Era Giat Prima Cleared of Charges...

Central Bank Governor Sjahril Sabirin is facing a possible four year imprisonment for allegedly being involved in corruption linked to…


Raft of New Bills, Including Factoring Legislation, is Deemed...

Delays in the Council of State's legal interpretations of pending economic bills, including a draft of the Public Enterprise Corporation…

#bank#factoring legislation#management


Canbank Factors’ MD Attributes Good Performance to Portfolio Management

Canbank Factors expects to be on target for turnover and profits this fiscal year despite the slowdown. The projected turnover…

Exim Director Claims War Could Benefit Indian Factoring Industry

A Finance Ministry official has commented that even though the attack on Afghansistan has not done the economy any good,…

#bank#Exim Bank#exporters

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