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The election result for 2 July was better than expected. The financial markets reacted very well, with falls in country…
The Insolvency Service’s Annual Report, released on July 20th, has shown a 20% increase in the number of unfit directors…
Enel, the Italian electricity group, has created Enelfactoring, a new company which will operate in the corporate factoring sector. The…
Small Business Minister Patricia Hewitt on the 12 July 2000 launched the Business Debtline, a telephone helpline aimed at helping…
The Spanish factoring sector posted a turnover of Pta2,288bn in 1999, up 42.16% on 1998 figures of Pta1,600bn, thanks to…
Finova Group Inc. retained Credit Suisse First Boston to review strategic alternatives, including a possible sale, due to short-term financial…
MetroCorp Bancshares Inc. announced that Advantage Finance Corporation, the factoring subsidiary of MetroBank N.A., has reportedly been the victim of…
Fortis Commercial Finance Up and Running Fortis Bank Commercial Finance and FMN Financial will from now on be working together…
RDM Factors have opened their tenth office in UK on 8 May. The new branch is located in Manchester and…
Euro Sales Finance Completes 2nd Asset-Backed Securitisation Sructuring Euro Sales Finance PLC said it has successfully completed the structuring of…
According to MBF Capital's Chief Executive Officer Datuk Loy Teik Ngan, sales by MBf Factoring are looking better than last…
SBI Factors is looking for certain regulatory changes to ensure that factoring takes off in a major way. Business is…
Canbank Factors achieved a turnover of Rs. 1,000 Crores in 1999-2000 and expect growth of 25-30% in the coming financial…
Adossag Borze Kft on Wednesday announced that it will launch an internet debt exchange platform for factoring companies from June.…
The bank is a market leader in Germany in the field of factoring, but has suffered a drop recently in…
Deutsche Factoring Bnak increased turnover by 8% to about 1.8bn euros in 1999. Annual net profits rose by 1% to…
Gerling Namur Profit up by 43% Gerling-Namur, the subsidiary of German Gerling Credit Insurance Group, saw consolidated profit rise 9…
Gerling-Namur, the subsidiary of German Gerling Credit Insurance Group, saw consolidated profit rise 9 per cent to BFr8.43bn in 1999.…
Belgo Factors, FMN Finance Housing and Ace Factors, the Belgian factoring companies, are merging today to form Fortis Commercial Finance…
Hansa Leasing Increases Factoring Turnover Hanza Lizingas [Hanza Leasing], the leader of Lithuania's factoring market, hopes for further growth in…
St. George Bank has agreed to acquire the Scottish Pacific Business Finance Group (SPBF) for 42 million Australian dollares, subject…
Siam General Factoring Plc said its board of directors had approved a plan to increase capital... (more…)