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Despite the sharp rise in the ratio of overdue loans outstanding at small- and medium-sized companies (SMEs) this year, domestic…
Data on banks lending to and deposit taking from small businesses for 2003 showed a healthy picture in the sector,…
First International Merchant Bank p.l.c. (FIMBank) Group Chairman, Mr Najeeb H.M. Al-Saleh, gave an overview and outlined FIMBank's achievements during…
Laiki Factoring, a subsidiary of Laiki Bank (Hellas) SA, has said its turnover in the first four months of 2004…
Santander Central Hispano (SCH) is to sell the leasing and factoring businesses of Norway's Elcon Finans to French banking group…
Statistics showing insolvencies in the first quarter 2004 were published today by the Department of Trade and Industry (DTI). COMPANY…
International Finance Corporation (IFC), the private sector lending arm of the World Bank, has unveiled plans that would see East…
Capital Factors, Inc., one of America’s leading factoring companies, announced the appointment of veteran factoring executive Harold I. Dundish as…
“Factoring in Romania is still at an early stage: the beginnings go back only to 1995 when one of the…
GE Commercial Finance Ltd. (GECF), a leading UK provider of business finance solutions, today announced the appointment of Anthony Newman…
Wilfried Verstraete, has been appointed as the new CEO and Chairman of the Management Board of Atradius, a leader in…
IIG Capital LLC, the New York-based trade finance company, has provided a US$3 million credit facility to Genio Group, Inc,…
A new EU accession country investment fund (Phare) launched on April 30, is ready to grant EUR 58 million to…
GE Commercial Finance Ltd (GECF Ltd), a leading UK provider of business finance solutions, announced today that it has provided…
As a result of the merger of Bank of America Corp. (BAC) and FleetBoston, the companies have combined the asset-based…
BCR has spoken to staff at the Grand Hotel Parco dei Principi in Rome, the venue for BCR’s recent international…
Nordea Bank Polska, Raiffeisen Bank Polska, WestLB Bank Polska, and NordLB Polska, among others, all look poised to pursue more…
Nippon Shinko - the first non-internet bank to be awarded a banking licence in Japan since 1954 - opened its…
Cathay United Bank, the flagship firm of the Cathay Financial Holding Co, recently signed a cooperative agreement with mainland China's…
The Better Payment Practice Group (BPPG) has launched a new version of its popular credit management guide and wallchart. The…
Late invoice payment from overseas businesses is causing problems for companies, according to Lloyds TSB Commercial Finance in Birmingham. With…
Nikoil Financial Corporation president Nikolai Tsvetkov said IBG Nikoil turnover on factoring operations topped $380 million last year. He added…
The Bank of England raised its main interest rate today to 4.25 per cent, in line with market expectations. Independent…
EUROFACTOR UK has posted pre-tax profits of Ј1.3 million for 2003 in spite of some of the toughest trading conditions…