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Factoring operations expand by 117% year-on-year

As of 30 June 2005, total loans, net of interbank loans, for the Chilean banking sector grew by (more…)

#leasing#risk#trade

Atradius division transferred

The German credit and guarantee business of credit insurer Atradius has been transferred to (more…)


Banca IFIS looks to expand at home and abroad

Gianni Bossi, managing director of Banca IFIS, the Italian factoring bank, told Cristiano dell'Oste (more…)


Insolvency statistics for Q2 2005

Quarterly figures for company and individual insolvencies were published today. The figures show that company and individual insolvencies have (more…)

#bankruptcy#insolvencies#insolvency


Ex-GMAC CF Directors head new division

The three senior GMAC CF directors who resigned in early May have resurfaced, operating as a division of (more…)

#3M#bank#commercial finance


Bank of England makes first rate cut in two...

In a statement accompanying its interest rate decision, the Bank s monetary policy committee (MPC) (more…)


FCI elects new chairman and increases membership

Factors Chain International (FCI) has elected as the new FCI chairman (more…)

#bank#commercial finance#international


Accord announces Normal Course Issuer Bid

Accord Financial Corp., has announced that the Toronto Stock Exchange (TSX) has accepted for filing a Notice of (more…)

#Accord Financial#Accord Financial Corp#financial services


Fortis Commercial Finance – five years old and on...

Fortis Commercial Finance (FCF) celebrated its fifth anniversary last month, affirming its strong position within the £132 billion UK factoring…

#acquisition#Atradius#commercial finance


Service sector recovery gathers pace – CIPS survey

Business activity in the UK services sector unexpectedly accelerated in July, dampening expectations that the Bank of England (more…)

#bank#Bank of England#interest rates


GMAC builds its Commercial Services division

GMAC Commercial Finance announced the addition of three new executives to its Greensboro, N.C.-based Commercial Services Division (more…)


EBRD extends medium- to long-term financing t Banca Sociala...

Private small- and medium-sized enterprises (SMEs) across Moldova will gain greater access to finance following a €5 million loan from…

#bank#international#International Trade

Lloyds TSB Commercial Finance backs UK’s fastest growing catering...

The management team, led by chief executive Ed Hyslop, has taken a significant equity stake in the business, with the…

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