More NewsFactoring In China ‘Set To Boom’

Factoring In China 'Set To Boom'

Senior executives from the receivables finance industry in Asia met recently at the Oriental Hotel in Bangkok to analyse the challenges facing factoring in the region. ‘At just over €80 billion a year turnover, Asia accounts for under 10 per cent of the total factoring turnover in the world’, said Michael Bickers, managing director of BCR Publishing Ltd. ‘In terms of future growth, the potential is enormous. Everyone looks to China as the ‘sleeping giant’, and rightly so, but other countries in the region have the economies and business infrastructure conducive to producing startling growth too.’ Presentation topics included the short and medium-term prospects for factoring in Asia, the factoring industry in Thailand, efficient financing alternatives for factors, asset-based lending in Asia and the impact of the latest technology on factoring operations.

Related Articles

Infosys Finacle to power Santander UK’s international cash management system

More News Infosys Finacle to power Santander UK’s international cash management system

4w The Global Treasurer
Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

4m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

5m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

5m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

5m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

6m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

6m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

6m Tasja Botha