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There are concerns that the recent interest rate rises in Australia will shatter levels of confidence, leading to a fall…
The Indian Prime Minister, Atal Behari Vajpayee, has told his party that “all of us should realise that globalisation is…
Interest rates in Australia have been raised for the fifth time in nine months. The new rate was set at…
A bill that would force the central bank to consult with the government and report to the parliament on a…
Konsolidacni Banka, the Czech state factoring bank, has today announced that it has cancelled an agreement made in June with…
In spite of the introduction of laws this year to protect minority investors and to eliminate capital controls, levels of…
France’s second and third largest factors (by turnover and market share) have merged to create Eurofactor, which claims to be…
Country Volume (in US$) Percentage of Total Export Factoring Volume Canada 599,324 24.24 Poland 426,312 17.24 USA 345,688 13.98 UK 262,742 10.63 Germany 183,275 7.41 France 139,284 5.63 Netherland 126,076 5.10 South Africa 98,310 3.98 Australia 97,452 3.94 Chile 76,694 3.10 Japan 58,800 2.38 Italy 31,485 1.27 Belgium 25,919 1.05 Austria 938 0.04 Total 2,472,299 100
A report on 3 August 2000 has revealed that there has been a 2.2% increase in consumer price inflation for…
There were worries that recent strong rates of growth would lead to the Bank of England raising the rate of…
There has been a sharp increase in the money market rates in Sri Lanka during the last month and a…
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…