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An executive of National Century Financial Enterprises Inc. will spend four years in jail for her role in the alleged fraud scheme that brought the company down, and more executives may be right behind her. Sherry Gibson, a former executive...
Despite positive economic progress across Europe, new research published today by Demica highlights the polarity between the levels of financial…
Most bank credits in Saudi Arabia are short-term in nature; they are usually self-extinguishing overdraft facilities or loan terms of…
Following the 1994-95 peso crisis, factoring firms (empresas de factoraje financiero) struggled to restructure their own debt and faced portfolios…
#banks#crisis#non-recourse factoring
Fortis Lease has signed an agreement under which Fortis Lease will acquire 100% of DIL France S.A., in Paris, from…
Italian factoring bank Banca IFIS is to launch a convertible bond issue of up to Ђ50m. The issue price of…
#Banca IFIS#bank#Italian factoring
Carma Financial Services Corporation (CFS), a provider of business-to-business accounts receivable management services, has announced that it has entered into…
#acquisition#financial services#management
Citibank Handlowy is looking to tap into the lucrative small- and medium-sized enterprise (SME) market with a new product targeted…
#Access to Finance#acquisition#bank
#small business
The small business sector is being urging to wake up, smell the coffee and get ready to take advantage of…
#financial services#risk#small business
Dutch bank ABN Amro has made three appointments to its Asian asset securitisation team it says are aimed at boosting…
#ABN AMRO#bank#financial services
The interest rate for companies wishing to apply the late payment legislation will be 12.5% for the period 1 July…
The Kenya and Tanzania Institute of Bankers and the Africa Project Development Facility (APDF) have teamed up to carry out…
#ADB#African Development Bank#bank