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Asia

Invoice finance fraud of SGD 6.9m affects Singaporean industry

The industry’s unregulated nature renders investors vulnerable as revealed by a massive SGD 6.9m (US$5.16m) fraud case... (more…)

#invoice#management#MAS

Chinese firm grants RMB 100m revolving factoring facility ...

...a leading financial advisory services company, announced that ...signed a revolving factoring credit facility agreement with... (more…)

#bank#bank loan#financial services


First company in Bangladesh to develop integrated SCF platform

For the first time in Bangladesh,...is in the process of developing an integrated digital platform... (more…)

#blockchain#business finance#international


DBS conducts first factoring transaction on Invoicemart

Digital Invoice Discounting platform Invoicemart announced the execution of the first factoring transaction by... (more…)

#bank#blockchain#frauds


Myanmar SMEs need more funding to expand further

Efforts to support small and medium enterprises (SMEs) over the past three years have so far not been sufficient to…

#funding#international#management


Indian government approaches RBI to relax NPA norms for...

The government has approached the Reserve Bank to relax norms for non-performing assets (NPA) or bad loans... (more…)

#bank#financial services#small business


Singapore fintech becomes a member of FCI

Incomlend has become an Affiliate Member of FCI, the largest global factoring industry association, and the first Singapore fintech to…

#international#International Trade#invoice


Supply chain finance ABS to support Chinese SME financing

Large-scale enterprises and assets have long been dominant in the asset securitization product market, leaving little space for participation by…

#bank#management#SME financing


Indian bank to raise funds via offloading stake in...

...expects to generate about INR 4.5bn (US$ 69m) through offloading stake in... (more…)

#bank#i#ING


Indian NBFC plans to diversify to SME finance

Structured finance provider...the non-banking finance company (NBFC) business of ...plans to start financing small and medium enterprises (SME)... (more…)

#SME lending


Supply chain financing in the digital era

We are now living in a digital era. Everything that we do — from hailing a taxi to shopping for…

#Amazon#invoice#purchase order


Standard Chartered Bank Malaysia and CGC to provide RM75m...

Standard Chartered Bank Malaysia and Credit Guarantee Corporation Malaysia Bhd (CGC) have signed a portfolio guarantee agreement enabling... (more…)

#bank#First Bank#smes

B2B payment terms worsen for Chinese firms despite economic...

China’s economy is strengthening, and new analysis from economists suggests the nation’s corporate debt levels will stabilize this year. But…

#payment terms

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