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The People's Bank of China says that China aims to establish a nationwide credit database. The information gathered on corporate borrowers (more…)
#bank#Bank of China#banks
General Motors is putting pressure on its negotiators and investment banks to reach an outline agreement to sell a majority…
Today the Bibby Financial Services Group announced that it has acquired the UK’s leading factoring brokerage, Factoring UK Ltd (more…)
Fortis Bank A.S announced that it will sell its 99% stake in Fortis Factoring for (more…)
Small business loans company Davenham Group PLC reported first half profits up on sharply higher turnover... (more…)
The Coface Board of Directors met on 21 February 2006 to approve the financial statements for the 2005 financial year…
#credit risk#exports#international
Korean banks' lending to small- and medium-sized companies (SMEs) reached an all-time high last month, the country's financial watchdog announced…
Close Invoice Finance has been awarded the title of Best Factoring & Invoice Discounter Provider for 2006 by Business Moneyfacts. Barclays…
Global Trade Finance, 40% owned by Exim Bank of India, plans to come out with its initial public offering (IPO)…
Spain's third-largest bank, has announced it has purchased a stake in Heller Factoring from US conglomerate General Electric (GE) for…
Chilean financial services group Grupo Security saw 2005 profits grow 25.8% to (more…)
#acquisition#AIG#bank
ES Bankest, the Miami-based factoring company, has sued its former auditor BDO Seidman for malpractice alleging... (more…)
The asset finance business of UK bank LloydsTSB recorded a nine per cent fall in profit before tax for financial…