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Foreign banks in Shanghai more competitive – CBRC

Foreign capital banks in Shanghai are becoming increasingly competitive as shown by faster increases in deposits and loans than their Chinese counterparts in the first half of this year, according to the Shanghai Bureau of the China Banking Regulatory Commission...

#bank#cash management#international

Man pleads guilty in Espirito Santo factoring fraud

The former president of a computing company pleaded guilty yesterday to his role in a US$170 million scheme to defraud…

#bank#factoring fraud#MAN


More support for asset capitalisation programme

The SME Development Bank and the Bank for Agriculture and Agricultural Co-operatives yesterday agreed to offer financial support under the…


Dynamic Commercial again advises shareholders not to accept Enterprise...

Dynamic Commercial Finance PLC said it continues to unanimously recommend shareholders reject the offer by Enterprise London Ltd and not…

#commercial finance


Export credit agency report shows Ј2.9 splurge in 2003

The Export Credits Guarantee Department (ECGD) has published its annual review and resource accounts 2003-04, showing that it provided UK…


Factoring software disposal ‘stopped the rot’ – Highams chief

The chairman of Highams Systems Services, the UK software group, said the sale of its factoring software subsidiary Highams Business…


Coface UK warns steel industry of looming credit risk

A warning of trade traps erupting from the surge in steel prices has come from Coface UK, a subsidiary of…

#credit risk#insurance#international


Factoring volumes rocket 186pc in H1

The factoring operations of Chilean banks have seen “explosive” growth in the first half of 2004. The factoring volumes for…


Factoring drives US bank’s income rise

Sterling Bancorp, the US finance house and parent company of Sterling National Bank, has reported a 14.7 per cent increase…


Latest report on the Spanish factoring industry

“Factoring activity in Spain continues to outpace the performance of the general economy, with factoring turnover in 2003 rising 18.12…


Late payments: the cheque is in the post

“If Europe is becoming as harmonised as it appears, we must ask ourselves why we still see a huge difference…


Companies Annual Report 2003 – 2004 published today

The Companies Annual Report (ISBN 0-11-515510-4 ) published by The Stationery Office contains facts and statistics on: Company Law Developments…

#compliance#trade

Atradius branch to offer credit insurance services

The world's second-largest credit insurer, Atradius Credit Insurance of the Netherlands, will soon begin selling insurance in Poland through a…

#Atradius#bank#Deutsche Bank

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