Singapore

Citi s Commercial Business Group announced that it is entering the transportation fleet financing business. The new division will be called Citi Transportation Finance and will provide financing for trucking companies and private fleets that have minimum annual revenues of US$5m and the potential for near-term financing needs of at least US$1 m.

Singapore's private sector involvement in supporting SME growth is increasing. The Singapore government is trying to complement and catalyze SMEs development and encourage more collaboration and resource-sharing within the private sector

Atradius Credit Insurance announced it has received its operating license in Singapore. The office will be led by

The Monetary Authority of Singapore's role as the central bank was enhanced on Monday when Parliament passed the Banking Amendment Bill

Banks will continue to feature prominently in the Singapore factoring industry and are keen to expand their financing of the open account trade

Banks have been getting more flexible in packaging their loans to meet the financial needs of small businesses

Singapore will launch an Internationalisation Finance Scheme in mid-August to help local companies expand overseas, the International Enterprise (IE) Singapore announced

HSBC says the appointment of a new head of trade finance for Singapore demonstrates its commitment to expanding supply and trade finance in the region

The securitised assets market in Asia has shown rapid growth but needs to be stimulated by further...