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Banco del Desarrollo to acquire factoring business despite profits...

Chile's Banco del Desarrollo saw first half net profits drop 5.85% year on year to 3.4bn pesos (US$4.9m), mainly due to severance payouts for laid off personnel, local financial daily Estrategia quoted Desarrollo chairman Vicente Caruz as saying. Caruz said...

Unicredit Factoring improves profits in 1st half results

UniCredit Factoring, the factoring division of Italian bank UniCredit, closed the first half of 2003 with net profits of Ђ3.5m…

#bank#Unicredit#Unicredit Factoring


Standard & Poor’s: new French law could boost securitisation...

A new French law could provide the basis for growth in French securitisation volumes, according to a report published today…


Couple charged with fraudulently soliciting for investor funds to...

Bluffdale residents Gerald Trevor Jones and DeAnn T. Jones have been charged in the 3rd District Court with multiple securities-related…

#interest#Paid#WHO


Coface reports sparkling first half results as it dominates...

The Chilean subsidiary of France-based trade insurance provider Coface accounted for 45.7% of the local export credit insurance market as…


EquiFin reports results for the second quarter and progress...

EquiFin, Inc. (the "Company")(AMEX:II and II,WS) a commercial finance company which provides structured credit to small- and mid-size business enterprises…


Credit unions seek clarification on factoring regulations as they...

Mexico's warehousing association AMAGDE and credit union association ConUnion are lobbying regulators to allow them to provide a broader range…


Bank merger may hit the competition buffers

The Norwegian Competition Authority (NCA) has raised the real possibility of preventing a merger between finance giants DnB (Den norske…


Lloyds TSB Commercial Finance is runaway leader in asset-based...

Lloyds TSB Commercial Finance (LTSBCF) has confirmed its position as the leader in the UK's booming asset-based funding market, following…

#bank#business finance#commercial finance


New programmes for small business on OPIC’s agenda

Stimulating economic development in Afghanistan is a priority for Overseas Privat Investment Corporation (OPIC), which has committed a $100 million…


SME development relevant and vital to Africa, said the...

Abdul Wahid Omar, chief executive officer and managing director of United Engineers (Malaysia) Bhd group, said at the just-ended Smart…

#GDP#international#small business


Peak in negative corporate warnings has passed, but fears...

Negative corporate warnings have reached their peak, according to figures released today by KPMG Restructuring. UK businesses recorded a total…

#economy#management

Siam General Factoring reports 127% rise in Q2 profit

Siam General Factoring reported a net profit of 28.9million baht for quarter two 2003, compared with 12.7million baht for the…

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