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Two members of the group of wealthy individuals that helped fund the trade finance group Versailles (which went into receivership in January), have launched a court action in an attempt to recover their money and to discover the reasons for...
#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
According to George Georghiou, Manager of Laiki Factors in Cyprus, there is likely to be a significant growth of around…
Alliance & Leicester is trying to put together a joint venture with an invoice discounting and factoring supplier to offer…
Potential Finance Group plc, which was recently established to provide factoring & invoice discounting services to small and medium sized…
#investment#invoice#management
Equity Participation and Trade Finance Services now available. Venture Finance plc has diversified its product range by introducing the above…
#invoice#trade
Key figures from Magyar Annual Report(HUF million) 1999 Total Assets 682,963 Shareholders' Funds 61,369 Profit before taxation 7,170 Capital Adequacy Ratio(BIS, unc.,%) 14.0%
The Bermuda based Bank of NT Butterfield & Son have made Ј60 million from an MBO of the Manchester based…
#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…