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Five new FCI members

25 October 2005:  Five new FCI members During the October 2005 meeting of the FCI Executive Committee, five new members were admitted.  FCI’s network now covers 59 countries, with a total membership of 204 members. The following five companies were admitted: -Vietcombank, Vietnam-Arma...

Factoring companies buy receivables worth Kc20bn in Q3

Czech factoring companies, purchased debts worth over Kc20bn in the third quarter, of which Kc15.92bn was domestic factoring and Kc3.29bn…

#receivables


Rockland Credit Finance ads Asset-Based Lending Subsidiary

John Fox, president and CEO of Rockland Credit Finance, has announced the formation of Rockland Business Credit, a wholly owned…


UK business failures accelerate sharply

There has been a sharp increase in the number of limited businesses going bust, according to the latest insolvency report…

#cash-flow#insolvencies#insolvency


Ђ5m loan to support expansion of BACA Leasing for...

The EBRD is extending a €5m loan to Bank Austria Creditanstalt Leasing d.o.o. (BACA Leasing), a leasing company operating in…


Fitch affirms A+ rating on Coface unit

Fitch Ratings has affirmed its A+ rating on the Chilean P&C unit of French insurer Coface with a stable outlook,…

#insurance


Exim Bank of Thailand and SME Bank sign agreement...

The Export-Import Bank of Thailand and the SME Bank signed agreements aimed at facilitating trade financing for small- and medium-sized…

#bank#management#smes


KGI increases due to positive economic variables

The Kaulkin Ginsberg Index (KGI), the leading indicator of economic conditions affecting the accounts receivable management (ARM) industry, has... (more…)


Coface to launch new Brazilian office in November

Coface announced last week that it was in the process of opening a new insurance company in Brazil so it...…


Invoice finance market set for further growth as result...

A new survey from Demica conducted among leading commercial lawyers predicts further growth for the invoice finance or asset-based lending…


Chile’s largest international factoring company assigned ratings by Humphreys

Chilean ratings agency Humphreys has assigned a BBB+ rating to Chile's largest... (more…)


Factoring Association in the pipeline

An association for factoring service providers is currently in the pipeline, according to... (more…)

Bibby calls on UK Government to follow EU and...

With Brussels announcing its intention to slash more than a third of the current 183 proposals for EU law, Bibby…

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