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A survey by the US Federal Reserve (The Fed) reveals that a net 22% of US banks saw increased loan demand from small business over the last three months. Results also show that a net 11% of local banks reported...
#banks#receivables#small business
Factoring slumped 20% to a volume of US$115bn in the US in 2002 compared to the previous twelve months, according…
Chile's factoring industry would only become subject to official state regulation if the companies concerned were to begin to handle…
#bank#factoring industry#factoring regulation
President Bush's fiscal year 2005 budget request for the Export-Import Bank of the United States (Ex-Im Bank), which the Administration…
Banco de Chile has posted net income of 130bn pesos (US$220m) for last year, up 146% compared to 2002 on…
#bank
Stelco, Canada's largest steelmaker, announced yesterday that it will seek bankruptcy protection as part of efforts to restructure its money-losing…
#bankruptcy#CIT#commercial finance
A new Germany-based company will soon join the local banking sector when it opens the first Mexican office of Deutsche…
Mexico's financial leasing companies should issue 12bn pesos (US$1.09bn) in new loans in 2004, up 71% from an estimated 7bn…
Federal Reserve policy makers unexpectedly dropped a commitment to hold interest rates low “for a considerable period” while voting to…
The Export-Import Bank of the United States (Ex-Im Bank) has approved a US$244 million long-term guarantee to support the export…
President and chief executive officer of Fleet Capital Corporation, James G. Connolly, has been tapped to lead the combined asset-based…
Last year, Key Bank and Trust changed its name to K Bank, after a lengthy lawsuit over the Key name…
#bank#Trust
Mexico's 16 factoring companies reported consolidated net income of 153m pesos (US$14m) during the third quarter of 2003, up 30%…