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Euro Sales Finance plc, the pan European factoring and invoice discounting company, has reported record profits for the year ended…
After a year long struggle for control over Poland’s BIG Bank Gdanski, Banco Comercial Portugues (BCP) has succeeded in taking…
The Serious Fraud Office have issued a press release stating that they are to conduct an investigation into the business…
After last week’s British Virgin Islands hearing, a court ruling has been made that promises to reveal more about the…
Two members of the group of wealthy individuals that helped fund the trade finance group Versailles (which went into receivership…
According to The Guardian, Versailles, the trade finance company which went into receivership in January 2000, owing its banks approximately…
Two members of the group of wealthy individuals that helped fund Versailles, the trade finance group which collapsed in January,…
The Canadian Factoring Association was brought into being to lobby the government and the Export Development Corporation (EDC). In the…
The factoring market in Germany has remained fairly steady in the last few months, with DG Bank continuing their dominance…
There have been unprecedented numbers of mergers and acquisitions in the US factoring industry in the last 12 months, with…
The government has succeeded in reducing interest rates to between 25-35%, which means that factors are having to operate under…
Two new players have recently joined the Romanian market, The Romanian Commercial Bank and Demir Bank of Romania in offering…
After the regional financial crisis of 1997 the Malaysian market is finally beginning to turn around. With a recorded growth…
According to George Georghiou, Manager of Laiki Factors in Cyprus, there is likely to be a significant growth of around…
Consolidation among companies that provide finance for small businesses is making it harder for companies to get cash, reports the…
Alliance & Leicester is trying to put together a joint venture with an invoice discounting and factoring supplier to offer…
Potential Finance Group plc, which was recently established to provide factoring & invoice discounting services to small and medium sized…
According to Jeff Liu, Senior Vice President of the Chailease Finance Corporation, several banks are currently urging the Ministry of…
Underlining an ongoing trend in Taiwanese banking, Dah An Commercial Bank have entered into a co-operative arrangement with the Chailease…
From August 2000, clients of the Chailease Finance Corporation, Taiwan’s largest international factor, will be able to access their accounts…
Equity Participation and Trade Finance Services now available. Venture Finance plc has diversified its product range by introducing the above…
Key figures from Magyar Annual Report(HUF million) 1999 Total Assets 682,963 Shareholders' Funds 61,369 Profit before taxation 7,170 Capital Adequacy Ratio(BIS, unc.,%) 14.0%
The Bermuda based Bank of NT Butterfield & Son have made Ј60 million from an MBO of the Manchester based…