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Roger Herbert, one of the most experienced debtor finance professionals in South Africa, is adamant the industry he has served for 40 years is ready for take-off. As the industry finalises the release of a new business model for invoice...
General Motors (GM) has sold its 51 per cent controlling interest in GMAC, the finance provider, to a consortium of…
#bank#international#liquidity
The Commercial Services Division of GMAC Commercial Finance (GMAC CF) has closed a collection factoring agreement with Israel-based (more…)
Chilean bank Banco Internacional aims to boost 2006 profits 10% from 2.01bn pesos (US$3.87m) posted last year. Banco Internacional is…
#bank#Bank of America#banks
The latest Industry Watch report from accountants and business advisers BDO Stoy Hayward predicts a business failure rate of just…
Davenham Trade Finance, the AIM-listed diversified finance group, is spreading its commercial reach in the UK with the appointment of…
General Motors is reportedly nearing completion of a deal to sell a 51% stake of financing arm GMAC to a…
#acquisition#bank#banks
With the manufacturing sector shedding jobs for the 11 th month in a row as a result of sagging export…
#cash-flow#financial services#international
The global operation of GE Commercial Finance has reported revenues and net earnings up 6 per cent and 20 per…
The European Commission has cleared under the EU Merger Regulation the proposed acquisition of joint control of Companhia de Seguro…
#management#receivables#regulation
Independent Growth Finance (IGF) has announced the appointment of its new Operations Director following the departure of (more…)
#i#IGF#Independent Growth Finance
Southern economic hub Ho Chi Minh plans to set up a credit guarantee fund for small- and medium-sized enterprises (more…)
#guarantee#guarantees#Produce
CIT Group has announced the appointment of executive vice president and chief sales officer of CIT Corporate Finance (more…)