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Asia

Reduced Margins could Dramatically Reduce Numbers of Factors

The government has succeeded in reducing interest rates to between 25-35%, which means that factors are having to operate under very small margins. Eight banks have been amalgamated into the Central Turkish Fund, which will mean at least five or...

Malayasia records growth in GDP of nearly 20%

After the regional financial crisis of 1997 the Malaysian market is finally beginning to turn around. With a recorded growth…

#bank#banks#funding


Ministry of Finance Considers Bank Pleas.

According to Jeff Liu, Senior Vice President of the Chailease Finance Corporation, several banks are currently urging the Ministry of…


Strategy Alliance of Dah An Commercial Bank and Chailease

Underlining an ongoing trend in Taiwanese banking, Dah An Commercial Bank have entered into a co-operative arrangement with the Chailease…


Chailease Launch E-Commerce Service

From August 2000, clients of the Chailease Finance Corporation, Taiwan’s largest international factor, will be able to access their accounts…

#assignment#e-commerce#international


Bank Lending Declines 18.7% in First Half

Bank lending in Thailand declined 18.7 percent, or 820 billion baht, compared with last year's first half, said Thai Farmers…

#bank#DBS#interest rates


China Signals Freer Policy on Interest Rates

The Chinese Government is paving the way for a relaxation of currency trading rules as part of sweeping reforms to…


MBf Factoring Sales Looking Better

According to MBF Capital's Chief Executive Officer Datuk Loy Teik Ngan, sales by MBf Factoring are looking better than last…


SBI Factors Lobbies for Regulatory Changes

SBI Factors is looking for certain regulatory changes to ensure that factoring takes off in a major way. Business is…

#SBI


Canbank Predicts Strong Turnover Growth

Canbank Factors achieved a turnover of Rs. 1,000 Crores in 1999-2000 and expect growth of 25-30% in the coming financial…

#bank#guarantees#invoice


Siam General Factoring Issues Preferred Shares

Siam General Factoring Plc said its board of directors had approved a plan to increase capital... (more…)


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