BankBoston's plan for paper firm sidesteps fear of risks
Article Abstract:
BankBoston NA announces that its $100 million loan to Asia Pulp and Paper is a contract that shows how creditors can minimize risks in lending to Indonesian companies. The bank's credit uses the company's offshore commodities as collateral, which cannot be easily liquidated. The bank is considering applying the approach to other sectors and other companies.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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Step closer to e-commerce; H-P gets Hang Seng Bank wired. (Hewlett-Packard Co.)
Article Abstract:
Hong Kong-based Hang Seng Bank Ltd., unveils its electronic commerce plans with orders of credit-card payment system from Hewlett-Packard Co. Another affiliate of Hang Seng Bank, Hong Kong and Shanghai Banking Corp., joins forces with Cable and Wireless HKT Ltd., for electronic fund transfer system.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
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