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The German Federal Financial Supervisory Authority, BaFin, has ordered the recently formed Noa bank to close to customers in order to secure its remaining assets, apparently due to the insolvency of its factoring subsidiary and (more…)
#BaFin#bank#insolvency
Bibby Financial Services CEO Edward Rimmer has expressed his belief that, if consultation by the Asset Based Finance Association is…
#asset based finance#financial services#invoice
Burdale Capital Finance Inc., a member of Bank of Ireland Group, has completed a $60 million three-year agented revolving credit…
The International Finance Corporation, a member of the World Bank Group, is providing a (more…)
International Factors Group (IFG) today announced the addition of two new members in Europe. (more…)
#acquisition#Erste Factoring#international
Company insolvencies in England and Wales reached 4,080 in the second quarter – a 0.5 per cent increase on the…
#financial services#insolvencies#insolvency
According to the latest data from the Spanish Association of Factoring, La Caixa bank continued to experience strong growth in…
#bank#Caixa#confirming
Following the news that Lloyds is to close 200 more branches by 2017, the CMA has announced that banks need…
#API#forum#SME financing
Westcon Group, Inc., a speciality distributor in the networking, security, mobility and convergence industry, has replaced its syndicated vendor based…
#accounts payable#bank#invoice
Hitachi Capital Invoice Finance announced the appointment of John Atkinson as Head of Commercial Business. (more…)
#banks#i#invoice
The EBRD is increasing the availability of financing to the real economy in Romania with a 20 million credit line…
#bank#European Commission#smes
The EBRD has signed investments worth a total of 215 million with Société Générale subsidiaries across four eastern European countries…
#awards#bank#leadership
This year Azerbaijani commercial banks lowered factoring operations (more…)
#bank#banks#CBA