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CIT Group Inc. today reported net income of US$189.3 million for the quarter ended March 31, 2004. The results for the quarter include a pre-tax gain of US$41.8 million (US$25.5 million after-tax) related to the redemption of US$512 million in...
#CIT#commercial finance#i
PCI Leasing and Finance Inc. saw its profits drop sharply last year as it moved to set aside funds to…
The European Bank for Reconstruction and Development (EBRD) will release Ђ40 million for Bulgarian commercial banks to extend loans to…
The Bibby Financial Services Group has announced the roll out of a new service offering to add to the list…
Pakistan Industrial Credit and Investment Corporation (PICIC) has so far disbursed Rs 300 million among small entrepreneurs under small business…
#bank#business finance#capital requirements
As a whole, SMEs have limited assets and inadequate collateral; their financial accounting is poor; they are often family-run, and…
Allgemeine Kredit Coface Finanz (AKCF), the German subsidiary of French financial group Coface, is anticipating further growth in its business…
Venture capital (VC) backed private companies represent a target market for factors. Many VC financings are accompanied by invoice finance.…
#economy#funding#invoice
With just 18 months elapsed since the late payment legislation was completely implemented in the UK, the Better Payment Practice…
Zurich's Emerging Markets Solutions group, the political risk and trade credit insurance unit of Zurich, has signed a memorandum of…
Carl Cushnie made millions by defrauding investors in trade finance firm Versailles, it was claimed yesterday, as the case surrounding…
#MAN#trade#WHO
Colombia's state-owned export development bank Banco de Comercio Exterior de Colombia (Bancуldex) issued loans totalling 502bn pesos (US$191m) to the…
Manchester Commercial Finance, an Edina-based financial services provider that specialises in asset-based lending to small- and medium-sized companies (SMEs), has…