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Non-recourse factoring

factoringIndia 31-08-2004

First large non-recourse factoring deal for StanChart

Standard Chartered Bank has concluded a factoring deal worth $25m for Bharat Forge Ltd, a castings and forgings supplier based in India. Chris Low, chief executive of StanChart India region, remarked that the entire deal was done on a non-recourse...

#bank#capital requirements#credit risk

First large non-recourse factoring deal for StanChart
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