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Factors Chain International - FCI Admits New Members in Hong Kong, Kenya, Korea, Romania, Russia, Serbia, South Africa, Taiwan and Trinidad & Tobago


During the FCI Executive Committee meeting in Amsterdam, the following institutions were accepted as new members:



Hong Kong CSHF Financial Factoring Holdings Ltd.
Kenya Standard Chartered Bank Kenya Limited
Korea Standard Chartered Bank Korea Limited
Romania Banca de Export Import a Romaniei Eximbank S.A.
Russia Raiffeisenbank ZAO
Serbia Societe Generale Banka Srbija AD
South Africa Sasfin Bank Limited
Taiwan Cosmos Bank
Trinidad & Tobago RBC Merchant Bank (Caribbean) Limited

For more information, contact:
Factors Chain International
www.fci.nl

About FCI:
Founded in 1968, FCI acts as a facilitator of open account trade by providing four major services to support the growth of the factoring industry globally, including 1) the promulgation of the General Rules of International Factoring (GRIF), the most widely used set of rules by banks and factoring companies for cross border correspondent factoring 2) the development of a state of the art correspondent factoring system called edifactoring.com 3) the creation of a robust education platform to provide e-learning, seminars, and other targeted education support to our members and 4) the promotion of our industry through innovative marketing efforts, conferences, and lobbying. FCI also publishes annual statistics on world-wide factoring volume, and reported 2012 volume of factored cross-border trade receivables in excess of EUR 355 BILLION, of which FCI members account for nearly 90% of this total cross border activity. FCI is recognised by global institutions like the ICC Banking Commission, The World Bank/IFC, EBRD, IADB, ADB, UNDP, UNCITRAL and UNIDROIT as the voice for the worldwide factoring industry. FCI network today consists of 277 factoring members in 76 countries.

Lundi 21 Octobre 2013
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