On-Line Factoring comes to Sri Lanka

Lanka Orix Factors have this month been able to offer their clients the facility to view their sales ledgers on line with a system which they are marketing under the name of CTS.

FMN Financial Limited’s Annual Accounts released

The accounts of FMN Financial Limited (which merged with Fortis Bank Commercial Finance to become Fortis Commercial Finance in July of 2000) for the year ended 31 December 1999 have today been released.

West LB Bank Plan Indian Operation

The German based bank West LB are planning the launch of a new export factoring service in India, where they believe there is a great deal of market potential.

Alex Lawrie Into Scotland

Following the coming together of Alex Lawrie Factors and Lloyds TSB Commercial Finance in January, factoring specialist Alex Lawrie is expanding its operations in Scotland under a new name.