Taiwan

HSBC has appointed a new head of trade and supply chain at HSBC Taiwan to boost its team in the greater China region, according to reports.

Whilst the factoring industry continues to experience growth, it has been announced that around 70 percent of firms in Taiwan have money owed to them

Amid economic uncertainty and declining exports, rising credit risk has increased demand for factoring services

E.Sun cautious about lending to SMEs, but insists funding will still be made available.

3i Infotech has announced another client for KASTLE Factoring Solution in Chinatrust Commercial Bank (CTCB), Taiwan.

The Cabinet has passed a newly drafted law designed to legalize short-term financing by non-banking companies.

Ministry of Economic Affairs has decided to set aside NT$150m for SMEs so as to help them improve their technology.

Optimax Technology, Taiwan's largest polarizer maker, signed a NT$4bn factoring (accounts receivable financing) deal with three Taiwan local banks, including the Taiwan Cooperative Bank, Chinatrust

Taiwan's ninth-largest financial services company by market value, SinoPac Holdings, said its banking unit is being sued by an investor-rights group for misleading reporting

HSBC Group has entered into an agreement to acquire one of Taiwan s leading factoring companies, Chailease Credit Services. Taiwan is the world s second largest factoring