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The Bermuda based Bank of NT Butterfield & Son have made Ј60 million from an MBO of the Manchester based Davenport Group. The successful management team of four is headed by Colin Davenport. The rest of the team consists of...
#bank#Bank Leumi#Leumi
The Insolvency Service’s Annual Report, released on July 20th, has shown a 20% increase in the number of unfit directors…
Enel, the Italian electricity group, has created Enelfactoring, a new company which will operate in the corporate factoring sector. The…
#bank#cash-flow
Small Business Minister Patricia Hewitt on the 12 July 2000 launched the Business Debtline, a telephone helpline aimed at helping…
The Spanish factoring sector posted a turnover of Pta2,288bn in 1999, up 42.16% on 1998 figures of Pta1,600bn, thanks to…
Fortis Commercial Finance Up and Running Fortis Bank Commercial Finance and FMN Financial will from now on be working together…
#bank#commercial finance#insurance
RDM Factors have opened their tenth office in UK on 8 May. The new branch is located in Manchester and…
Euro Sales Finance Completes 2nd Asset-Backed Securitisation Sructuring Euro Sales Finance PLC said it has successfully completed the structuring of…
Adossag Borze Kft on Wednesday announced that it will launch an internet debt exchange platform for factoring companies from June.…
The bank is a market leader in Germany in the field of factoring, but has suffered a drop recently in…
Deutsche Factoring Bnak increased turnover by 8% to about 1.8bn euros in 1999. Annual net profits rose by 1% to…
#bank
Gerling Namur Profit up by 43% Gerling-Namur, the subsidiary of German Gerling Credit Insurance Group, saw consolidated profit rise 9…
Gerling-Namur, the subsidiary of German Gerling Credit Insurance Group, saw consolidated profit rise 9 per cent to BFr8.43bn in 1999.…