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The contraction in the Indian economy this fiscal, wrought by the Covid-19 pandemic, will significantly hurt micro, small and medium enterprises (MSMEs) across sectors, with their revenue expected to fall between 17-21%, while Ebitda margin will shrink 200-300 basis points...
#COVID-19
The Banking Regulatory and Supervisory Authority (BRSA) has taken a... (more…)
#bank#COVID-19#credit risk
India Factoring and Finance Solutions, one of the few non-bank finance factoring companies in India, has... (more…)
#India Factoring#MonetaGo
Last week China’s Zheshang Bank issued asset backed commercial paper ... (more…)
#bank#blockchain#SME financing
Today, the Singapore-based Contour trade finance network announced it... (more…)
#Contour
The Asian Development Bank (ADB) has expanded the Trade Finance Program ... (more…)
#Asian Development Bank
In the context of weaker activity in China due to the health crisis... (more…)
#payment behaviour
May 28, 2020 is a day that is to be remembered by all Chinese factors... (more…)
#factoring contract
Insurance regulator IRDAI is proposing to modify the Trade Credit Insurance (TCI) guidelines to... (more…)
#trade credit insurance
Velotrade, a web-based invoice financing service provider, has turned to ... (more…)
#Velotrade
Indonesian peer-to-peer lender KoinWorks said it has secured... (more…)
#KoinWorks
According to the survey carried out by credit insurance company Euler Hermes... (more…)
#payment delays
The People’s Bank of China (PBoC0 has proposed the development of a trade finance platform powered by blockchain... (more…)
#People's Bank of China#People's Bank of China