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Lloyds TSB has released its director’s report and financial statement for year ended 31 December 2002. The report shows the company made a 3.7% increase in profit before tax. Profit before tax totalled Ј45.88 million for year ended 31 December...
#commercial finance#interest#invoice
The Asia Development Bank (ADB) has approved a US$15m equity participation in a new private equity fund that provides capital…
Deutsche Bank, the German bank, has called a halt to the takeover of Gerling NCM by Swiss Re. The only…
#bank#Deutsche Bank#insurance
Bankruptcies in Japan fell about 5 per cent in the last business year, according to independent research firm Teikoku Databank,…
#bankruptcy#banks#economic recovery
Two familiar faces in the Houston financial services industry have formed Briar Capital LP., which focuses on small- and medium-sized…
#bank#financial services#receivables financing
Bank of America, Business Credit Europe won European Venture Capital Journals’s award for asset-based finance provider of the year in…
#bank#Bank of America#commercial finance
Worldwide factoring industry experiences healthy growth despite difficult market conditions Fresh statistics for 2002 show a 4% growth for worldwide…
Small businesses in Japan are having severe cash-flow difficulties, even though the Bank of Japan (BoJ) is pumping plenty of…
Leading Mexican banks Santander Serfin, Banco Bital and BBVA Bancomer have made only 30% of the 15,800 small business loans…
#BBVA#commercial lending#guarantees
The capital city of Denmark, Copenhagen, was the location for this year’s BCR Receivables Finance International European conference. Running from…
#ABN AMRO#bank#commercial finance
Whether Kmart Corp. should have paid several suppliers in the days after its bankruptcy filing has fuelled a legal fight…
#bankruptcy#Paid
Two Royal Navy frigates will be setting course for a new lease of life in the Black Sea after a…
Following the decision today to keep interest rates on hold the CBI is calling on the Bank of England to…
#bank#Bank of England#British business