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factoring

Kasikorn Bank considers factoring and leasing acquisitions

Kasikornbank Plc (KBANK said yesterday it was still undecided about the possible acquisition of a finance, securities and leasing company, and may wait until the deadline for the submission of the "Financial Masterplan" has passed before making a move. KBANK,...

Alpha Bank reports 34pc increase in factoring

Alpha Bank, the Greek finance group and owner of the country’s largest factor – ABC Factors – has reported a…

#bank#smes


Largest independent factor targets low-cost import factoring

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


Taiwan financial giant to explore factoring business in China

Taishin, the Taiwanese financial services group, has said it will seek potential opportunities with foreign banks to develop a factoring…

#banks#commercial finance#economy


Bank of Maharashtra eyes factoring business

The Bank of Maharashtra is set to enter the factoring and forfeiting segment, which is a new concept in India,…

#bank#insurance#international


Russian bank to start factoring service in China

Russian banking group, Promsvyazbank, will open an office in China at the beginning of this month, the bank's Vice President…

#bank#Bank of China#conference


Karaoke machine maker to consider factoring

The Singing Machine Company, a maker of consumer-oriented karaoke machines in the US, has said it will look to selling…

#capital requirements#management#receivables


Corporate contemplates an expansion into factoring

Hairmax International, a beauty products group, is seeking to partner or invest with a company that provides financial services to…


Bank sees domestic factoring potential following stake increase in...

Exim Bank of India will raise its stake in Global Trade Finance (GTF) from 35 per cent to 40 per…

#bank#exporters#global trade


HSBC names new factoring boss for Asia Pacific

The Hongkong and Shanghai Banking Corporation (HSBC) Limited has appointed Alistair Currie as head of trade services Asia Pacific, effective…

#bank#trade#WHO


Commercial finance firm sees squeeze in factoring ops

Potential Finance Group PLC has reported a drop in pre-tax profits, according to the commercial finance group’s interim results for…

#business finance#commercial finance#funding


Franz Michel of Allgemeine Kredit Coface Finanze shares his...

An interview with BCR’s overseas correspondent for central Europe Franz Michel, is general manager of Allgemeine Kredit Coface Finanze (AKCF),…

#banks#insolvency#international

Legislation for factoring services urged

SBI Factors and Commercial Services Pvt Ltd has called for a separate legislation for factoring services. At present a factoring…

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