SFF Affacteurage and SLIFAC merge to form Eurofactor
France’s second and third largest factors (by turnover and market share) have merged to create Eurofactor, which claims to be the European leader in international factoring.
France’s second and third largest factors (by turnover and market share) have merged to create Eurofactor, which claims to be the European leader in international factoring.
A report on 3 August 2000 has revealed that there has been a 2.2% increase in consumer price inflation for July.
There were worries that recent strong rates of growth would lead to the Bank of England raising the rate of interest, but following yesterday’s announcement, (which held the rate constant at 6% for the sixth month in a row), there are hopes that t
There has been a sharp increase in the money market rates in Sri Lanka during the last month and a half which has seen a rise from a stable average of 15% per annum to 17%.
Euro Sales Finance plc, the pan European factoring and invoice discounting company, has reported record profits for the year ended 30 June 2000, following their expansion into the French and German markets.
After a year long struggle for control over Poland’s BIG Bank Gdanski, Banco Comercial Portugues (BCP) has succeeded in taking a majority of seats on the Polish bank’s advisory board.
The Serious Fraud Office have issued a press release stating that they are to conduct an investigation into the business activities of the trade finance group Versailles.
After last week’s British Virgin Islands hearing, a court ruling has been made that promises to reveal more about the reasons behind the collapse of the trade finance group, Versailles, in January of this year.
Two members of the group of wealthy individuals that helped fund the trade finance group Versailles (which went into receivership in January), have launched a court action in an attempt to recover their money and to discover the reasons for the gr