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Japan's parliament is preparing legislation this week that will empower the Resolution and Collection Corporation (RCC) to purchase a larger portion of the banking system's bad debts. Though there are still no details how the RCC will be able to...
Robin Lau, head of the Singapore Confederation of Industries (SCI), yesterday urged the government to include in the second off-Budget…
#bank#SME bank#smes
Canbank Factors, India’s largest factor by market share, have released their annual accounts for the year ended 31 March 2001.…
#assignment#assignment of receivables#financial services
The three largest commercial banks in Taiwan have temporarily suspended negotiations for letters of credit for Taiwanese companies doing business…
#bank#Bank of China#banks
United Factoring (1993) Co plans to seek a listing on the Market for Alternative Investment by the middle of next…
The Ministry of Finance has issued a green light for the 'big-three' commercial banks--First Commercial Bank, Hua Nan Commercial Bank…
Demir Factoring, the largest of Turkey’s 95 factors with 8.9% market share in 1999, is facing an uncertain future. Whilst…
The new Indian factoring and forfaiting company Global Trade Finance, a joint venture between EXIM Bank and West LB, is…
#bank#conference#credit protection
As part of its attempts to keep pace with the rapidly changing scenario in the financial sector, the Indian Institute…
Sterling National Bank, the principal banking subsidiary of banking and financial services company, Sterling Bancorp, today announced the launch of…
Global Trade Finance Pvt Ltd, the factoring joint venture company of Exim Bank of India, WestLB (Westdeutsche Landesbank Girozentrale) of…
#bank#emerging markets#exporters
LG Capital said yesterday that its name will be changed to LG Card Co. starting Sept. 1. The company said…
Turkey’s Factoring Turnover (US$m) 30/06/2000 30/06/2001 Export 360,086 397,382 Import 16,770 10,120 International 376,856 407,502 Domestic 1,925,234 1,191,847 Total 2,302,090 1,599,349 For further analysis of the Turkish factoring Industry in the wake of the…