Global Analysis

Growth in Latin America is expected to recover slightly in 2003, marking the end of the worst period since the "lost decade" of the 1980s debt crises.

Gerling Group said it has reached a deal to divest its reinsurance operations to a consortium headed by a former chairman of Frankona Re., as part of a strategy to focus on areas such as credit insurance.

At their recent General Assembly, the International Factors Group decided to reposition and widen the scope of the Group’s role in the international receivables finance industry and to add new services to its members and partners.

Intrum Justitia, with operations in 21 European countries, and D&B Receivable Management Services (D&B RMS) with offices in the United States, Canada, Mexico and Hong Kong, signed an exclusive multi-year strategic alliance to provide receivables m

The dollar was weak across the board yesterday after monetary policy makers in Europe failed to follow the US Federal Reserve in cutting interest rates.

BCR has today added two more articles from the World Factoring Yearbook 2002 to its factorscan website. The articles on Bulgaria and Ireland are located under each country’s Industry Environment and Analysis 00/01.

The East European Factoring Association (EEFA) chose the former Russian capital as the venue for its 2nd annual conference.

Taiwan and Russia signed a memorandum last Thursday for the bolstering of the development of small-and medium-sized enterprises (SMEs) as well as cooperation in this area between the two countries.

BCR has today added three more articles from the World Factoring Yearbook 2002 to its factorscan website. The articles on Greece, Belgium and South Africa are located under each country’s Industry Environment and Analysis 00/01.

On 3-5 July 2002 senior factoring professionals from 18 countries converged on the Czechoslovakian capital of Prague for BCR Publishing’s second Receivables Finance Conference for Europe.