Chang Hwa to offer export financing services on TradeCard

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23 December 2004

Taiwan-based Chang Hwa Bank has formed a partnership with TradeCard, a leading supplier of financial supply chain services, which opens up a new source of financing for TradeCard members in Taiwan.

Financing is a major concern for small and medium-sized exporters with limited working capital, of which, TradeCard estimates, there are over one million in Taiwan. They often rely on loans to purchase raw materials and labour for production when they receive an order.

As one of the leading trade finance banks in Taiwan, Chang Hwa offers three...

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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%

25% or less

10%

I don’t use private credit insurers

18%