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China

Fortis and China's Sinosure agree insurance joint venture

Belgo-Dutch bancassurance group Fortis NV announced it has signed a comprehensive business cooperation agreement to create an insurance JV with Chinese peer Sinosure. (more…)

DBS Bank China all set to commence business

DBS Bank Ltd's (DBS) local subsidiary in China, DBS Bank (China) Limited has been incorporated with registered capital of RMB4 bn (USD523m). It…


Factoring promoted at the forum in Beijing

Experts are gathering at a forum in Beijing this week to promote factoring businesses in China. (more…)


Royal Crown Derby appoints asset-based lender

The Royal Crown Derby Porcelain Company Ltd, announced it is maximising the benefits of contemporary finance by appointing asset-based lender…


CDB supports SME development

China Development Bank (CDB) will offer more loans to support the development of small- and medium-sized enterprises (SME) this year.…

#bank#guarantee#smes


FIMBank eyes joint venture in China

FIMBank Plc, a Maltese trade finance specialist backed by a Kuwaiti investor, hopes to set up a joint venture in…

#bank#exports#international


1st PMF Bancorp provides trade finance to Canton Fair's...

1st PMF Bancorp, a Los Angeles-based private bank lender with offices in China specializing in providing working capital for small-…

#bank#international#International Trade


Banks urged to lend more to SMEs

China s banking regulator said that the nation's big banks urgently needed to change their attitude towards lending to small…

#bank#banks#guarantees


Foreign banks poised to woo SMEs

Foreign banks are aggressively targeting small- and medium-sized enterprises (SMEs), a sector their Chinese peers have traditionally been less enthusiastic…


Wells Fargo HSBC Trade Bank launches cross-border lending in...

The Wells Fargo HSBC Trade Bank launched a cross-border lending initiative today that makes it the first financial services company…

#bank#cash management#international


Chinese promote Trade & Investment Fair

Delegates from Qingdao, China were in the Sultanate yesterday to invite the Brunei business community to participate in the Asian…

#international#investment#smes


Micro headaches of Chinese economy

The Chinese economy is having both macro and micro headaches, most of which may deal heavy blows to the national…

China Eximbank to set up branch in Chongqing

The Export-Import Bank of China (Eximbank) has recently received official approval from China's Ministry of Finance to set up a…

#bank#Bank of China#guarantee

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