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New MD specialised products at DBS Bank (Hong Kong)

DBS Bank, the fourth largest banking group in Hong Kong, has appointed Chong Mong Ting as managing director, Specialised Products. Mong Ting moved to DBS after 13 years at East Asia Heller where he was managing director, responsible for operations...

#bank#banks#DBS

Defence sector to reduce dependence on imported technology approaches...

The defence sector is aiming to indigenise its requirements by offering to buy from technologically sound, innovative and competitive small-…

#smes


GE Commercial Finance eyes up Resona’s leasing businesses

Resona Holdings Inc, the Japanese bank that received a US$16.3 billion government bailout, has hired Nomura Holdings Inc. to find…

#bank#commercial finance#management


Measures to protect tequila SMEs to be enforced from...

In a measure to support the small- and medium-sized enterprises (SMEs) in the tequila and the agave-tequila productive chain, the…

#international#regulation#smes


FDA appoints new CEO

Effective 4 August, Kate Sharp has been appointed the new chief executive officer (CEO) of the Factors & Discounters Association…


Bank lending to small firms swells

Corporate lending by local banks ballooned by 5.1 trillion won (US$4.3 billion) last month, as small- and mid-sized companies (SMEs)…

#bank#banks#smes


Fortis Commercial Finance reports pre-tax loss

Fortis Commercial Finance Limited, one of the leading debt factoring and invoice discounting companies in the UK and part of…

#bank#commercial finance#international


Greenfield Commercial Credit (Canada) Inc. announces it has acquired...

Greenfield Commercial Credit (Canada) Inc. (Greenfield Canada) announced today (6 August) that it has acquired a portfolio of seven factoring…

#acquisition#Commercial Credit#management


Joint Ingosstrakh and Malaysian Export Credit Insurance Corporation projects...

At the Russian-Malaysian business forum in Kuala Lumpur yesterday (5 August), President Vladimir Putin said that the two countries are…

#export credit insurance#forum#insurance


Hampshire Trust Factors Limited profit up 170%

Milton-Keynes-based Hampshire Trust Factors Limited have reported a pre-tax profit of Ј203,365 for the year to 30 April 2003, a…


Transamerica purchase bolsters GE Commercial Finance

General Electric added to one of its main growth engines yesterday (5 August 2003) when the US conglomerate announced a…


SME credit needs careful risk analysis

Small businesses have been a major beneficiary of recent government efforts to extend financial and technical support to help improve…

Hosoya to to put SME bank Resona on the...

When Eiji Hosoya, the new chairman of Resona, first saw the swooping R of the bank's logo, it reminded him…

#bad debts#bank#management

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