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Factoring Chief Welcomes Competition Commission Report

The report of the Competition Commission into the treatment of small business by the major clearing banks has been enthusiastically welcomed by Leslie Bland, Chief Executive of Newbury-based Close Invoice Finance, who has been a champion of the SME sector...

Thailand's Small Industry Finance Corporation Revamps Loan System

The Small Industry Finance Corporation (SIFC) is stepping up its efforts to lend 30bn baht this year, despite slipping below…

#credit risk#crisis#interest rate


IFA’s Eighth Annual Factoring Conference on Course for its...

The Eighth Annual Factoring Conference, sponsored by the International Factors Association and Distinctive Solutions, has announced that it has over…


Profits Rise by 43% at DCD Factors

London-based factoring company DCD Factors have today released their annual accounts for the year ended 31 December 2001. The year…


HSBC Reviews the Government's Competition Commission Findings

HSBC has received the government’s response to the Competition Commission’s inquiry into banking services for small and medium sized businesses…

#bank#financial services#international


Fitch Rates Banco De Chile

Fitch Ratings, the international rating agency, has assigned 'A-' long-term foreign currency (Rating Outlook Stable), 'F2' short-term foreign currency and…

#bank#banking services#banks


EU Late Payments Legislation Due for Early Delivery

A European Commission Directive that gives businesses the right to claim interest on late payments will come into effect on…


Government Accepts Recommendations of Competition Commission re Supply of...

The Government has accepted in full the findings and recommendations of the independent Competition Commission following its investigation into the…


Bank Indonesia Chief Convicted Following Scandal Involving Era Giat...

After 14 months of prolonged trials, the Governor of Bank Indonesia, Sjahril Sabirin, was finally sentenced to three years in…

#bank#banks#crisis


Year of Consolidation at Puts Alliance Trade Finance on...

Alliance Trade Finance, the speciality trade finance provider, today released their annual accounts for the year ended 31 July 2001.…

#BCR Publishing#channel#trade


Late Payments Legislation Due for Early Delivery

A European Commission Directive that gives businesses the right to claim interest on late payments will come into effect on…

#cash-flow#European Commission#forum


CIT Files Registration Statement for Distribution of CIT Shares...

Tyco International Ltd. today announced that its financial services subsidiary, CIT Group Inc., filed a registration statement on Form 10…

Banking Industry Takes the Lead with Advice for SMEs

New research on projected borrowing patterns highlights need for better relationships between banks and SMEs The British Bankers' Association today…

#bank#Bank of England#regulation

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