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Konsolidacni Banka, the Czech state factoring bank, has today announced that it has cancelled an agreement made in June with U.S. Ayres Corp. A reason for the cancellation has been given by a spokesman for the Czech bank, who said...
#bank#factoring industry#management
France’s second and third largest factors (by turnover and market share) have merged to create Eurofactor, which claims to be…
#commercial finance#international#international factoring
There were worries that recent strong rates of growth would lead to the Bank of England raising the rate of…
#bank#Bank of England#Clear
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…
#bank#Deutsche Bank#poland
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…
#banks#trade#WHO
Two members of the group of wealthy individuals that helped fund Versailles, the trade finance group which collapsed in January,…
#channel#interest#trade
The factoring market in Germany has remained fairly steady in the last few months, with DG Bank continuing their dominance…
#bank#BCR Publishing#receivables
Two new players have recently joined the Romanian market, The Romanian Commercial Bank and Demir Bank of Romania in offering…
#bank#banks#Two