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ISIS Factors report small reduction in profit in 2002

ISIS Factors, the London Scottish Bank owned factoring company, has reported a pre-tax profit of Ј937,913 in their annual accounts for the year ended 31 October 2002. This is a reduction of 7.68% compared to the Ј1,015,944 pre-tax profit reported...

Latest research from Bibby Financial Services suggests business owners...

A quarter of small firms believe that the quality of service offered by their bank has deteriorated over the past…

#alternative funding#bank#financial services


VAT finally imposed on banks, factors and leasing companies...

The Department of Finance and the Bureau of Internal Revenue ended years of suspense and imposed value-added tax on banks…

#assignment#bank#receivables


Euler-Sfac forecast a rise in bankruptcies

The French credit insurance company Euler-Sfac said yesterday that the number of company defaults in France is likely to show…


SME finance company files registration statement for proposed initial...

CapitalSource Inc. announced today that it has filed a registration statement with the Securities and Exchange Commission for a proposed…

#cash-flow#commercial finance#Credit Suisse


Bank of Ireland cuts business charges

Bank of Ireland is extending its invoice discounting service to small businesses with a discount of up to 50% for…


Latest analyses of the Austrian, Australian, Argentine and Baltic...

BCR has today added the latest analyses of the Austrian, Australian, Argentine and Baltic factoring markets, from the soon to…

#BCR Publishing#factoring industry#receivables


Desarrollo boosts leasing activities and eyes up factoring agency

Intesa sold its Sudameris banking franchise in Chile to Desarrollo last month in return for US$30m in newly issued Desarrollo…


Minimum capital, guarantee fund requirements for insurers raised

Lithuanian insurance companies will have to increase their authorised capital to at least Ђ1 million by July 2005 and to…


Bharat Overseas Bank pares rates on SSI credit

Bharat Overseas Bank Ltd has lowered interest rates on credit to agriculture and small-scale sectors (SSIs). "The revised interest rates…

#bank#interest#interest rates


SMEs are hit by the large bank credit crunch

Yamaya is one of countless small- and medium-sized enterprises (SMEs) in Japan feeling the effects of a widening credit crunch.…

#bank#exports#financial services


High Court finds Deloitte & Touche negligent in its...

Deloitte & Touche (D&T) was yesterday found to be negligent when it audited the Singapore operations of Barings Bank, where…

Bank of Japan to help SMEs to raise capital...

The Bank of Japan (BoJ) is to kick-start the development of an asset-backed securities market for small businesses to give…

#bank#liquidity#receivables

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