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Thai factor prepares IPO

06 January 2010

Thailand’s IFS Capital, a factoring and financing company has announced plans to raise funds through an initial public offering this year.

Read more: [Thai factoring] [Factoring IPO] [IFS Capital]

Thailand’s IFS Capital, a factoring and financing company has announced plans to raise THB200 million ($6 million) through an initial public offering this year.

According to local press Tan Ley Yen, IFS...


Poll

Credit insurers have withstood the crisis admirably settling a high number of claims during 2009. If you are actively involved in trade transactions what percentage of your deal book now enjoys some political or credit risk cover from private insurers?

75% to 100%
33%
50% to 75%
30%
25% to 50%
9%
25% or less
10%
I don’t use private credit insurers
18%

Quote

You ignore LCs at your peril as a trade bank.

Mark Evans, ANZ - Banks examine the bigger trade picture - April 2010