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Bank of China

Securitisation to resolve local government debts in China

China has reopened the door to securitised loans by offering a new way to resolve risks in massive local government debts, estimated at 14 trillion yuan (US$2.2 trillion). (more…)

#bank#Bank of China#liquidity

Hubei automotive supply chain finance programme posts EUR4.8bn turnover

Bank of China , Wuhan Branch reports CNY 40 billion turnover of its automotive supply chain finance programme in 2011…

#bank#Bank of China#receivables


FCI welcomes four new members

The Factors Chain International (FCI) Executive Committee have granted FCI memberships to four more financial institutions. (more…)

#bank#Bank of China#Ecobank


SMEs brace for heavy punishment as credit crunch returns

The worsening debt crisis of the eurozone is likely to hit the financial flow of SMEs the hardest, policymakers and…

#bank#Bank of China#capital requirements


FCI names new Chairman

General Manager of TEB Factoring Cagatay Baydar elected president of FCI Cagatay Baydar (more…)

#bank#Bank of China#Cagatay Baydar


CIT Group to pump Ђ190m into Chinese new vendor...

A subsidiary of US firm CIT has received Rmb1.8bn from a consortium of Chinese banks to fund new vendor finance…

#bank#Bank of China#CIT


Bank of China increases reserve requirements to encourage factoring...

Bank of China announced the rise of its reserve requirements for the fifth time this year (more…)

#bank#Bank of China#cash-flow


Correction: Bank of China International Factoring grooves (01.02.2010)

Correction Correction to the news article published Bank of China International Factoring grooves. (more…)

#bank#Bank of China#international


Bank of China International Factoring grooves

Bank of China remains world number one export factor for 35 consecutive months. (more…)

#bank#Bank of China#international


Huawei receives $270 million invoice discounting facility

Large, duel funded invoice discounting facility for Chinese telecoms firm Huawei announced. (more…)

#bank#Bank of China#insurance


BOC continues to lead in export factoring

Bank of China Limited announced its 2010 interim results on August, 26th. (more…)

#bank#Bank of China#international


New loans for SME grow faster than that for...

The total new loans for China's small and medium-sized enterprises (SMEs) grows faster than that for big companies, as the…

#bank#Bank of China#financial services

Agricultural Bank of China has increased its micro-credit lending

Agricultural Bank of China has increased its micro-credit lending to Chinese farmers in the first quarter of 2010, state media…

#bank#Bank of China#funding

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