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India

Maturity Factoring Not to Affect Normal Banking for Exporters

The new non-recourse 'maturity factoring' facility offered by the Export Credit Guarantee Corporation of India Ltd (ECGC) to banks will not disturb the existing system of banking arrangement vis-a-vis exporters. Talking to Business Line here recently on the various features...

GTF on Target to Meet Annual Turnover of 7bn...

On 16 April 2002 the shareholders of Global Trade Finance Private Limited (GTF) at its first AGM approved the accounts…


ICICI To Launch New Factoring Software Product

The Mangalore-based ICICI group, which consolidated its in-house IT department to launch ICICI Infotech in 1999, is preparing to develop…


Global Trade Finance Pte Ltd Gets P1+ Rating from...

Global Trade Finance Private Limited (GTF) has obtained ‘P1+’ rating from CRISIL for Rs. 500 million Commercial Paper Programme. GTF…


GTF Becomes India's First Ever Forfaiting Institution

Global Trade Finance, India's premier export finance service provider, has become the first Non-Banking Finance Company (NBFC) to obtain the…


Canbank Factors’ MD Attributes Good Performance to Portfolio Management

Canbank Factors expects to be on target for turnover and profits this fiscal year despite the slowdown. The projected turnover…


Exim Director Claims War Could Benefit Indian Factoring Industry

A Finance Ministry official has commented that even though the attack on Afghansistan has not done the economy any good,…

#bank#Exim Bank#exporters


GTF Targets Export Factoring Business Worth $200m

Global Trade Finance Private Limited (GTF) is looking at doing export factoring of $200 million and forfaiting business of $20…

#bank#exporters#global trade


Canbank Factors Record Steady Growth in spite of Economic...

Canbank Factors, India’s largest factor by market share, have released their annual accounts for the year ended 31 March 2001.…

#assignment#assignment of receivables#financial services


Global Trade Finance Commences Trading Today

The new Indian factoring and forfaiting company Global Trade Finance, a joint venture between EXIM Bank and West LB, is…

#bank#conference#credit protection


Indian Institute of Bankers to Offer Development Course in...

As part of its attempts to keep pace with the rapidly changing scenario in the financial sector, the Indian Institute…


Exim Factoring Venture to Begin Operations in Ten Days

Global Trade Finance Pvt Ltd, the factoring joint venture company of Exim Bank of India, WestLB (Westdeutsche Landesbank Girozentrale) of…

#bank#emerging markets#exporters

WestLB and Exim Team up to Provide Customised Factoring...

Westdeutsche Landesbank Girozentrale (WestLB), Germany and Export-Import Bank of India (Exim Bank) have joined forces to form a joint venture…

#bank#exporters#international

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