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CIT Commercial Services – Pan Pacific, Ltd opens factoring...

CIT Commercial Services, a unit of CIT Group Inc., has announced the opening of a representative office in Shanghai, China. The new office, CIT Commercial Services - Pan Pacific, Ltd., will serve as a factoring resource for Chinese exporters that...

#credit protection#exporters#financial services

European Commission redefines SMEs and micro enterprises

The European Commission (EU) has issued new definitions of micro enterprises and small- and medium-sized enterprises (SMEs) aimed at boosting…


Bank Industri, Matrade team up to boost exports with...

Bank Industri and Teknologi Malaysia Bhd and Malaysia External Trade Development Corp (Matrade) have teamed up to spur Malaysia's exports…

#bank#export credit insurance#exporters


Bucharest embraces third East European Factoring Conference

The recent third European Factoring Conference was held in Bucharest, the capital of Romania… Read the full article by going…


ECB holds rates steady despite euro strength

The European Central Bank (ECB) held interest rates steady at its monthly policy meeting on today (8 May 2003) despite…

#bank#Boost#inflation


Latest Tenon Forum Quarterly Report on business confidence in...

The Tenon Forum, the independent think tank, published its Quarterly Report today (8 May 2003). This independent research, carried out…

#cash-flow#forum#insurance


Insolvency regulator appoints drugs scourge as new president

Richard Long, a leading expert in drug trafficking enforcement, has been named as the new president of the Insolvency Practitioner…


Latest analysis of the Chinese factoring market now available...

BCR has today added the latest analysis of the Chinese factoring market, from the soon to be published World Factoring…

#BCR Publishing#factoring industry#receivables


Gerling NCM on WatchNeg pending sale by GKB

Standard & Poor's Ratings Services has commented on the CreditWatch status of the credit insurance group Gerling NCM Credit and…

#bank#DEC#Deutsche Bank


New banks to launch factoring, leasing and SME finance...

Progresso, the Chilean financial services company, is waiting for the go-ahead from local authorities to open its bank in January…

#bank#banks#financial services


Better Payment Practice Group issues new checklist to help...

Businesses considering appointing a debt collection agent to manage overdue accounts can now benefit from a new checklist from the…

#data protection#debt collection#management


Grant Thornton’s analysis of the latest Scottish insolvency figures

To read the article by Matt Henderson, recovery and reorganisation partner, click on 7 May 2003: Glasgow's failure rate bodes…

Company insolvencies fall by 10% in first quarter 2003

The number of insolvent companies in England and Wales fell by 10% in the first quarter of 2003 compared to…

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