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Chongqing Two Rivers district is named as the second commercial factoring pilot area. (more…)
BoAML launches electronic commercial draft system in two more branches. (more…)
#bank#Bank of America#receivables
Ministry of Commerce of China will establish a commercial factoring industry statistics system. (more…)
#factoring industry#management
China 's banking regulator has instructed banks to better monitor receivables finance as demand burgeons and banks relax their oversight…
#bank#Bank of China#international
Alibaba Group has priced RMB500million (US$82million) of asset-backed securities (ABS) using special asset management plans, or Samps. (more…)
#bank#interest rates#management
The Pudong New Area Business Council is to investigate the potential for securitization of factoring assets. (more…)
China-based Anhui New Media has announced that the company intends to begin commercial factoring in Tianjin Binhai New Area. (more…)
State Council introduces trade and SME support measures to help counter economic slowdown. (more…)
#exports#Paid#small businesses
Tianjin Binhai New Area announced launching of 11 new financial innovative projects. (more…)
#e-commerce#guarantee#investments
Blanco Group files for bankruptcy. (more…)
Half of all international companies in Hong Kong and 30 per cent based in mainland China are now using the…
#international#platforms#receivables
Suzhou Victory Precision Manufacture and its subsidiary announce that they will enter factoring agreements with a pool of banks. (more…)
New factoring company is launched in the Tianjin Economic Development Area. (more…)
#leasing#Supply Chain Financing