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Ceskoslovenská obchodní banka (CSOB) has acquired from NMB-Heller Holding 50 per cent of factoring company OB Heller and has become the sole owner of the firm. The transaction is being reviewed by the Anti-monopoly office of the Czech Republic. After...
According to data from the Commercial Finance Association (CFA), an asset-based financial services industry group, factoring is catching on again…
#bank#BB&T#commercial finance
Mizuho Corporate Bank and Mizuho Bank have developed with Sompo Japan Insurance Inc. and major French credit insurer Coface a…
JPMorgan Chase has announced an agreement to acquire The Bank of New York Company's consumer, small business and middle-market banking…
#bank#cash management#JPMorgan
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#credit risk#exporters#international
With larger companies being named and shamed as the main culprits of late payment according to recent research from the…
#bank#Bank of England#invoice
UK importer PMS International Group has secured a 31.7m asset-based refinance package from the business finance arm of GE Commercial…
#business finance#commercial finance#international
Working with all of Experian's business units, he will be responsible for developing and leading the company's expansion and growth…
#financial services#leadership#management
The move has been encouraged by a significant growth in its direct financing business. We shifted our focus from refinancing…
#bank#financial institution#guarantee
Lusaka and Industrial Credit Company (ICC) Zambia, which is part of the Loita Group of companies, has grown its balance…
Davenham Group, the asset-based lender, has set up camp in London, adding to its five existing locations throughout the UK.…
#asset-based lender#funding#WHO
Jiri Matula is chief executive officer of Transfinance, the second largest factor in the Czech Republic. He is also Chairman…
#bank#international#invoice
The IDLC Bogra branch is essentially focused on financing the SMEs in the region. The branch started its operations in…