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Asia

‘Turkish factoring sector accounted for 2.9% of local GDP...

Turkey’s economic and social development since 2000 has been impressive, leading to increased employment and incomes and making Turkey an upper-middle-income country, said Filiz Ünal, Deputy Secretary General, Factoring, The Association of Financial Institutions in the regional article included in the World...

#international#invoice#purchase order

Coface publishes China Corporate Payment Survey 2022

Coface’s 2022 China Corporate Payment Survey[1] shows that fewer firms encountered payment delays... (more…)

#cash-flow#insolvencies#Paid


Exim Bank to launch export factoring business in India

To boost India's exports, Exim Bank plans to engage soon in export factoring business, providing SMEs with partial or full…

#Exim Bank


Factoring volume in Taiwan down 10% in 2020

Taiwan’s GDP growth in 2020 outperformed that of other Asian Tigers (i.e. Hong Kong, Singapore and South Korea), helped by…

#bank#exporters#international


Coface names new CEO for Asia-Pacific

Hugh Burke has been named the new CEO of Coface Asia-Pacific, effective from... (more…)

#AON#Executive Committee#trade


Trade finance fintech expands to India

After recent expansion into Mexico in February this year... (more…)

#Harbor


microLEAP and TheLorry partner for seamless Shariah-compliant invoice financing

microLEAP, the first Malaysian Shariah-compliant P2P (Peer-to-Peer) fintech platform for SMEs, has partnered with TheLorry, a tech-powered logistic platform, to…

#investment#invoice#smes


Axis Bank and Asian Development Bank partner to offer...

Axis Bank, one of the largest private banks in India, and the Asian Development Bank... (more…)

#Asian Development Bank#supply chain finance


IFC and PayU invest US$15m in Indian SCF start-up

Vayana Network, a Mumbai-based supply chain finance (SCF) company, has received... (more…)

#supply chain finance#Vayana Network


Coface opens a new local branch in New Zealand

Global credit insurer Coface announces it has opened a branch in New Zealand ... (more…)

#trade credit insurance


‘The significant slowdown of economy impacted factoring’ in Singapore...

The Singapore economy contracted by 5.4 per cent in 2020 as the country was not spared the... (more…)

#Alan Wong


DBS and CITIC Metal sign their first-ever sustainability-linked invoice...

DBS Hong Kong announced its first-ever sustainability-linked purchase invoice financing... (more…)

#DBS Bank

AmBank partners with CapBay to digitalise its supply chain...

In further forging its fintech-driven initiatives, AmBank has partnered with Bay Supply Chain Technology Sdn Bhd, a member of the…

#CapBay#supply chain finance

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