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In recent months, Lanka Orix Factors have experienced a slight shift in their client base as they take on more medium sized clients than ever before. Managing Director Sudarshan Seneratne believes that it is in part due to the introduction...
#BCR Publishing
Lanka Orix Factors have this month been able to offer their clients the facility to view their sales ledgers on…
The German based bank West LB are planning the launch of a new export factoring service in India, where they…
Cabinet ministers yesterday approved a final draft of a new factoring bill. Finance Minister Tarrin Nimmanahaeminda said the law would…
#Bill#Factoring bill#liquidity
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$bn2.30 For 1999, the overall total…
Details of a new scheme for promptly resolving legal disputes between bankers and defaulting debtors were announced yesterday by Thailand’s…
Since the economic crash of three years ago, Thailand’s banks have been enmeshed in a web of bad debts generated…
Although the rate of economic growth in Malaysia is one of the fastest in the south east Asian region and…
#investment
In July Japanese corporate bankruptcies rose 21% year on year to 1,617. Total debts owed by bankrupt firms tripled to…
On Friday, the governor of the Bank of Japan, Masaru Hayami, persuaded the bank’s policy board to raise rates from…
#bank#economy#interest rates
Hiromu Nonaka, the Secretary General of Japan’s ruling Liberal Democratic Party has made an announcement regarding future changes in the…
The Indian Prime Minister, Atal Behari Vajpayee, has told his party that “all of us should realise that globalisation is…
#international#international factoring#investments
Country Volume (in US$) Percentage of Total Export Factoring Volume Canada 599,324 24.24 Poland 426,312 17.24 USA 345,688 13.98 UK 262,742 10.63 Germany 183,275 7.41 France 139,284 5.63 Netherland 126,076 5.10 South Africa 98,310 3.98 Australia 97,452 3.94 Chile 76,694 3.10 Japan 58,800 2.38 Italy 31,485 1.27 Belgium 25,919 1.05 Austria 938 0.04 Total 2,472,299 100
#poland