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The Norwegian government is divesting a 13.4% stake in Den norske Bank, parent company of one of the Norwegian factoring market’s major players, DnB Factors. After the sale, the Norwegian Government will own 47.3% of Den norske Bank. The consideration...
#bank#international
Cattles plc (formerly Reedham Factors) has announced that it intends to place an additional 14 million shares at a minimum…
Recording a level of 52.1 in February, the seasonally adjusted Purchasing Managers’ Index (a composite index designed to provide an…
The French Bank Credit Agricole, owners of the French factoring company Transfact, has acquired 21million shares (equivalent to 1.2%) in…
#bank#Credit Agricole#Italian factoring
Rumours have emerged that the Singer & Friedlander Group, owners of Singer & Friedlander Factors Ltd, are about to succumb…
The Bank of England's Monetary Policy Committee today voted to maintain the Bank's repo rate at 5.75%. The minutes of…
#bank#Bank of England#interest
Bibby Factors Bristol Ltd, part of the Bibby Group of Factors (the largest non-bank owned factoring organisation in the UK),…
#bank#BCR Publishing#cash-flow
From today, Natwest’s small business customers can benefit from a clear overdraft commitment of up to 12 months with the…
Singer & Freidlander Factors Ltd today released their annual accounts for the year ended 31 December 2000. Turnover has fallen…
GE Capital Commercial Finance has become the latest member of the Factors and Discounters Association - the trade body representing…
Two of Sweden’s largest banks, SEB and FцreningsSparbanken, yesterday announced plans for a $15.9bn merger. It is hoped that the…
The Co-operative bank today has become the first bank to offer small business customers a choice of factoring and invoice…
#bank#financial services#First Bank
DG Bank, which owns the factoring company DG Diskonbank, is to merge with GZ Bank, it was agreed on Tuesday.…
#bank#banks#Rabobank