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There are ten factoring companies in Hong Kong; they had a total turnover of Ђ3.25bn in 2003, according to Factors Chain International. Among the most significant factoring companies are HSBC (UK), UPS Capital Global Trade Finance (Hong Kong - a...
#bank#global trade#international
First International Merchant (FIM) Bank has acquired 38.5 per cent stake in Global Trade Finance (GTF)-26 per cent of the…
Total factoring turnover in India increased to US$1,427m in 2003, from US$1,367m the year before, according to the global industry…
Canbank Factors, India’s largest independent factor by market share, is planning to offer import factoring in the country, as a…
#bank#global trade#L/C
Exim Bank of India will raise its stake in Global Trade Finance (GTF) from 35 per cent to 40 per…
#bank#exporters#global trade
Bank of Maharashtra says that it is interested in picking up International Finance Corporation's (IFC) 10% stake in Global Trade…
#bank#Exim Bank#global trade
The textile and apparel sector is tied to the state's monopoly in ginning and exposed simultaneously to an indiscriminate marketplace.…
#exporters#exports#global trade
In its latest review of business conditions, the Ministry of Finance has raised Finland's growth forecast for the end of…
#exports#GDP#global trade
In a watershed Exim policy, government announced a major package for exports of services, special focus on high growth sectors…
#exports#global trade#software
Global Trade Finance Private Limited (GTF) is looking at doing export factoring of $200 million and forfaiting business of $20…