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Japanese Banking Sector Fails to Show Signs of Recovery

The Japanese banking sector is performing badly compared with most other sectors of the economy. While many other large companies have recently been recording increased earnings, the major banks are still registering falling profits. For instance, Sakura Bank Ltd, one...

Japanese Economy Shows Mixed Signals

The Tankan survey published by the Bank of Japan in early October 2000 suggests that the Japanese economy is moving…


“Fragile” Recovery in Thailand Likely to Weaken

The Thai economy has moved ahead strongly in recent months, enjoying growth of 6.6% in the April-June 2000 quarter. During…

#bank#economy#exports


Mizuho Banks Report Six Month Figures

The three banks which created the new “superbank” Mizuho in September have reported mixed half-year earnings. Dai-Ichi Kangyo Bank, Fuji…


Creation of Mizuho Banking Group May Result in Merger...

At the end of September 2000 Mizuho Holdings Inc, the holding company for the newly formed Mizuho Financial Group, was…

#bank#IBM#insurance


Taiwan Government Seeks to Calm Stock Market by Rationalising...

The Government of Taiwan is seeking to accelerate the introduction of a new law aimed at reducing the number of…


Malaysian Banks Continue to Record New Non-Performing Loans

In January-June 2000 the six largest listed Malaysian banks recorded new non-performing loans at an annualised rate of 11% on…

#banks#economy


Keppel Tatlee Finance Ltd Launches New Online Service for...

Singapore’s Keppel Tatlee Finance Ltd (SGX:KTFN) has launched a new internet service called e-Factoring. Developed by S&I Systems Pte Ltd…


LOFAC Enhance CTS Service

In recent months, Lanka Orix Factors have experienced a slight shift in their client base as they take on more…

#BCR Publishing


On-Line Factoring comes to Sri Lanka

Lanka Orix Factors have this month been able to offer their clients the facility to view their sales ledgers on…


West LB Bank Plan Indian Operation

The German based bank West LB are planning the launch of a new export factoring service in India, where they…


Cabinet Approves Factoring Bill

Cabinet ministers yesterday approved a final draft of a new factoring bill. Finance Minister Tarrin Nimmanahaeminda said the law would…

#Bill#Factoring bill#liquidity

First Half Figures from Turkish Factoring Association

The Turkish Factoring Association has released its half-yearly figures for 2000. They are as follows: Domestic US$bn1.92 International US$m377 Total US$bn2.30 For 1999, the overall total…

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