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Alibaba Group to set up Alibaba Small and Micro Financial Services Group. (more…)
#Alibaba#banks#e-commerce
Agricultural Bank of China Limited (ABC) has made a loan of RMB20 million to an aquatic products refrigeration storage facility…
#bank#bank loan#financial services
BoA Merrill Lynch and China UnionPay launch cash management alliance. (more…)
PICC issues first single short-term export credit insurance. (more…)
#export credit insurance#insurance
The third factoring pilot is launched in Binhai New Area. (more…)
#bank#international#international factoring
Suning Tesco offers suppliers two types of loans. (more…)
#Two
Factoring pilots will be extended to economically advanced provinces and cities. (more…)
Chinese shadow banking industry provides almost half of all new credits, FT reports. Chinese shadow banking industry accounts for almost…
Three e-commerce giants Suning ,Alibaba and 360buy are all preparing for competition in 2012 in the financial sector. (more…)
PICC Property Casualty Co. is set to challenge the China Export Credit Insurance Corp. s (Sinosure) monopoly in the short-term…
#credit risk#export credit insurance#insurance
ICBC presents first report on its electronic supply chain finance programme. (more…)
GE Universal Financial group has opened a factoring company in the Tianjin Binhai New Area. (more…)
As export factoring continues to thrive in the Asia Pacific region, China Minsheng Banking Corporation Ltd, provide Factorscan with their…
#bank#International Trade#management