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A Denver transportation company was forced into Chapter 7 bankruptcy liquidation on 14 February according to US Bankruptcy Court filings.…
Shanghai is planning to create a third city commercial bank by merging more than 230 rural credit cooperatives according to…
Hansa Capital Group's net profit totalled 43.8m euros and financial investments reached 1,172m euros in 2002. Hansapank said the group…
The government should pave the way for opening of large fund-based private banks, specifically dedicated to small and medium enterprises…
Business expectations in Germany deteriorated to levels last seen 10 years ago, when Europe's largest economy suffered from a severe…
Majority shareholder Rolf Gerling and substantial shareholder Deutsche Bank are planning to sell their shares in the Gerling group. However,…
The Asian Development Bank (ADB) agreed to extend US$85m in export credits to Indonesian small- and medium-size enterprises (SMEs) on…
Juan Costa, the Spanish trade secretary, announced a plan to develop Spanish commerce and investment in the ten countries that…
The government has been asked by the Davao City Chamber of Commerce to increase available funds to the two existing…
BCR announced today that Factoring in the UK: Eighth edition is now downloadable on factorscan.com. The publication, which includes detailed…
Unilizings leasing and factoring company, owned by Latvian Unibanka, last year earned a profit of 2.53m lats (EUR 4.03m), up…
The Mexican government will propose modifications to the Auxiliary Credit Organizations Law over the coming months, which would apply to…
Local entrepreneurs, and small- and medium-sized enterprises (SMEs) are invited to tap the 1.3 billion customers potential of the 57…
The Indonesian banking sector channelled some 30.7 trillion rupiah (US$3.3bn) in fresh loans to small- and medium-sized enterprises (SMEs) last…
David Thomson has been appointed deputy chief executive of Close Invoice Finance. He will remain Managing Director of Metropolitan Factors,…
Examining the rate of corporate failure in Scotland as a means of identifying overall trends and shifting patterns is a…
The latest Government figures (reported on factorscan 7 February) show that the number of companies going out of business is…
The shortage of skilled workers across the UK is getting worse and is holding back small- and medium-sized firms according…
Colombia's largest bank, Bancolombia (www.bancolombia.com), paid out in 2002 46.4bn pesos (US$15.6m) through its B2B portal Credipagos Virtual, said electronic…
The international law firm Jones Day and the leading City of London firm Gouldens announced that they will merge their…
The Better Payment Practice Group (BPPG) has welcomed The Chartered Institute of Purchasing And Supply (CIPS) as its latest member.…
The Paris office of Mayer, Brown, Rowe & Maw has recruited a team of corporate lawyers from SG Archibald, a…
After several months of price and inventory decline, a cyclical upturn in some economic sectors could provide the basis for…
Independent Growth Finance (IGF) has announced the further strengthening of its client management team with the recent appointment of Geoff…