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Profit rises at UniCredit Factoring

Unicredit Factoring, the Italian company which is part of banking group UniCredito, closed the first half of 2002 with a turnover of Ђ3m and an earnings margin of Ђ10.6m. Net commissions increased by 50 % to Ђ4.7m.The company's operating margin...

Regal Duo Face Fraud Charges over Suspected False Factoring...

Two former company directors suspected of duping 160 investors out of up to Ј3million appeared yesterday before Belfast magistrates, charged…


Accord Financial Group Announces Second Quarter and First Half...

Accord financial Group yesterday announced results for the three months and six months ended 30 June 2002.  Three months ended…

#Accord Financial#Accord Financial Corp#financial services


CIT Group Announces Quarterly Results

CIT Group Inc. reported its results on Tuesday for the quarter ended June 30, 2002. Net loss for the quarter…


More Appointments at Bibby

Bibby Financial Services has announced a further four new appointments for its subsidiary factoring and trade finance service companies: Bibby…

#Business Development Manager#financial services#trade


CIT Group Inc to Announce Quarterly Earnings

CIT Group Inc. will be issuing its financial results for the quarter ended 30 June 2002, before the market opens…

#CIT#CIT Commercial Services#conference


Businesses Can Claim Compensation on Debt Collection Costs

As of 7 August 2002, businesses owners and managers will be entitled to seek financial compensation for the inconvenience of…

#debt collection#late payment#management


CIT Group Holding its own After Initial Public Offering

CIT Group Inc. has been mostly well received on Wall Street since the troubled industrial conglomerate Tyco International Ltd. spun…

#CIT#commercial finance#Credit Suisse


New Appointment at Wells Fargo Business Credit Inc.

The Factoring Group at Wells Fargo Business Credit Inc. added Lisa M. Romero as assistant vice president and business development…

#bank#Vice president


Draft Policy on SMEs a Welcome Development

The Secretary for Industry and International Trade, Mr Stuart Comberbach, has announced that the draft policy on small and medium-scale…


Pretrial Activity on Lawsuit against Regions Bank and Southwest...

Attorneys for Regions Bank won a pretrial battle Tuesday in a lawsuit brought by two Texarkana health professionals who claim…

#bank#bankruptcy#receivables


Secretary for Commerce Floats SME Subsidy Idea

The Hong Kong Government could consider investing in small and medium enterprises (SMEs) to help boost overall industry performance, Secretary…

#banks#Boost#exporters

Complaints Against Debt Collectors Reach All Time Low

In the last decade there have been fewer complaints against debt collectors than ever before, evidence that the debt collection…

#conference#debt collection#international

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