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Asia

Alibaba launches SMILE service for Indian SMEs

Chinese e-commerce company, Alibaba.com has announced the launch of a range of services for Indian SMEs selling on Alibaba.com (more…)

#Alibaba#bank#e-commerce

SME financing AskmePay launches

AskmePay, the payment initiative by AskMe group, has launched AskmeFin, a program that will provide various financing options to its…

#digital#receivables#SME financing


Scottish Pacific helps SMEs grow internationally

Scottish Pacific Tradeline has been named ‘Best Trade Finance Provider 2015’ in the annual international Trade Finance Global Excellence Awards…

#awards#international#International Trade


Surecomp opens new regional development and support centre

Surecomp, a global provider of trade finance and supply chain finance solutions for banks and corporations, announced during Sibos 2015…

#banks#international#supply chain finance


Debtor finance turnover steadily increasing

The debtor finance market continued its post-GFC recovery during the September quarter, according to new figures from the Debtor and…

#invoice#receivables#trade


Entities get trade receivables go-ahead

Three entities — Axis Bank, Gurgaon-based Mynd Solutions and a joint bid by NSE Strategic Investment Corporation and Small Industries…

#bank#management#receivables discounting


Atradius publishes Asia Pacific payment practices barometer

Atradius, the trade credit insurer, Payment Practices Barometer analyses payment behaviours and trends in key global countries to inform businesses…

#Atradius#international#International Trade


Turkish factoring profit increases

Non-banking institutions, including financial leasing, factoring and financing companies, increased their consolidated profit by 16.7 per cent to 1.35bn Turkish…

#financial institutions#leasing


RBI allows banks to fix value for factoring business

The Reserve Bank of India has allowed banks to carry out the business of factoring without any restrictions on the…

#bank#banks#invoice


EBRD financing SMEs

The European Bank for Reconstruction and Development (EBRD) has announced three major financing deals, including one to support small business…

#bank#small business#small businesses


EBRD provides trade financing to Turkmenistan’s Rysgal bank

The EBRD is boosting support for cross-border trade in Turkmenistan with its first regional trade finance facility for a private…

#bank#guarantees#International Trade


EBRD provides financing to Finansbank

The European Bank for Reconstruction and Development (EBRD) is extending USD100m in new financing to Turkey’s Finansbank to support SMEs…

#bank#financial services#funding

SME lending boost

The Thai government's Bt100bn soft-loan programme for SMEs could help some banks meet or even exceed their SME loan-growth targets…

#bank#interest rates#SME lending

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