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Turkey’s Factoring Turnover (US$m) 30/06/2000 30/06/2001 Export 360,086 397,382 Import 16,770 10,120 International 376,856 407,502 Domestic 1,925,234 1,191,847 Total 2,302,090 1,599,349 For further analysis of the Turkish factoring Industry in the wake of the…
Anthony Jacobs, a non-executive director of Potential Finance Group, the AIM-listed company providing factoring services for smaller firms, yesterday paid…
The Bibby Group of Factors, the largest independent factoring organisation in the UK, is to open Bibby Factors in Leeds.…
The latest Federal Reserve report of loans made by banks reveals they are not nearly as keen as they once…
Mexico's Comision Nacional Bancaria y de Valores (CNBV) has stepped in to administrate Banca Quadrum, one of the 'new' banks…
A survey of over 1,000 firms by the credit management research centre (CMRC) reveals that businesses within the business and…
Gerling Versicherungs-Beteiligungs-AG (GKB) and Swiss Re have reached an agreement on forming a joint venture between Dutch credit insurer NCM,…
The London-based trade finance company, Merchant Commercial Finance, has recorded a 39.7% increase in turnover in the year ended 28…
Five Arrows Commercial Finance, which in the year ended 31 December 1999, recorded profits before tax of Ј890,000, has seen…
Siam General Factoring, the third largest player in the Thai market behind Thai Farmers Heller and Ayudhaya International Factors, has…
The Industry Ministry wants laws establishing a new SME bank to explicitly protect lending officers from legal liability if assets…
Cutfin, Absa's debtor finance house, has joined the ranks of almost 150 companies in more than 50 countries by becoming…
Eurofactor (UK) Ltd, the company formerly known as Credit Lyonnais Commercial Finance Ltd, have recorded a return to profit in…
The Royal Bank of Scotland plc (“RBS”) has agreed the terms of a recommended cash offer for the entire issued…
Brazilian banks are reducing the offer of credit to small and medium sized companies due to the growth of default…
Year end results to 30 June 2001 Euro Sales Finance (“ESF”), the pan European sales finance company, today announces its…
The Lisbon-based Banco Espirito Santo, the principal subsidiary of the Espirito Santo Financial Group S.A., today announced its 2001 First…
Faster access to invoice finance is being offered electronically by Royal Bank of Scotland’s commercial services arm. Through the KeyCash…
Manufacturing has suffered its worst quarter since 1991, official figures showed, confirming that the industry has gone into recession. Although…
The board of the stricken factoring company, Euro Sales Finance plc, has today issued draft accounts for the year ended…
It is thought that GE Capital’s acquisition last week of Heller Financial for $5.3bn, whilst significant in the broader context…
Many companies in the UK are delaying payment of their invoices as a means of bolstering their cash flow as…
Asta Funding, the financial services company which specialises in factoring and the purchase, liquidation and management of performing and non-performing…