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The Coface Board of Directors met on 21 February 2006 to approve the financial statements for the 2005 financial year (more…)
#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…
Fortis announced today that it has acquired 100% of the capital of two Hungarian leasing companies - which target mainly…
Competition from a new breed of small- and mid-size factors has forced the industry, once dominated by a few large…
The Kaulkin Ginsberg Index (KGI), the leading indicator of economic conditions affecting the accounts receivable management (ARM) industry, ended 2005…
#acquisition#bankruptcy#interest rates
The Federation of Small Businesses (FSB), in association with The Credit Management Research Centre at Leeds University’s Business School, has…
GMAC Commercial Finance (GMAC CF) has announced the immediate promotion of three executives to new roles within the company's US Commercial Services…