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India – An Economic Overview

The recent economic surge has been largely based on strong industry and agriculture, rising Indian and foreign investment and American-style consumer spending by a growing middle class. This includes those who are under 25, who now make up more than...

#interest rates#L/C#receivables

The progressive awakening of a giant

Posting record growth, India seems poised to become a major player in the world economy. Although progress has been spectacular,…


Breathing life into the Securitisation Act – a discussion...

Last Thursday, the Supreme Court (SC) upheld the constitutional validity of the Securitisation and Reconstruction of Financial Assets and Enforcement…


Drop in factoring income dramatically affects profits of Postbank’s...

Deutsche Postbank AG's recent acquisition BHW Holding AG's latest figures for the third quarter show that operating profits have fallen…


Ruling coalition make decision on VAT

Despite suggestions it could go another way, the recently appointed Finance Minister, Sebastian Vladescu, announced last Monday that VAT is...…


SIDBI sanctions Rs527crore for micro-credit programme

Small Industries Development Bank of India (SIDBI) has sanctioned loans of Rs527 crore under the micro-credit programme.  The bank has…


Sibakadembank’s small – and medium-sized loan programme gets large...

Sibakadembank has raised a syndicated loan for the bank’s small and medium-sized business loan programme, totalling more than US$40 m,…


New company Factoring Strategies launched

DTE, the leading professional services Group, has enhanced its company portfolio, through the formation of a new add-on company called…


Slowdown in UK Economy could prompt base- rate cut...

Launching the results of the November 2005 British Chamber of Commerce (BCC) Quarterly Economic Forecast, David Kern, Economic Adviser to…


Country ratings by Coface – Hong Kong

12 June 2003: Country ratings by Coface - Hong Kong  While remaining exposed to swings in the international economic situation…


Jiang Xu of Bank of China presents the latest...

In 1999, the two Chinese banks which offer factoring services, the Bank of China and the Bank of Communications, realized…


SMEs face a money maze

Article by Wui Seung Chong, legal consultant with Simmons & Simmons  “Water, water, everywhere. Nor any drop to drink.” Change…

Risk of China economic collapse overblown

An article by Jephraim Gundzik of Condor Advisers  A growing number of economists and analysts have become alarmed that economic…

#banks#economy#liquidity

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