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NMB Heller Record 11% Profit Increase

NMB- Heller Ltd have today released their annual accounts for the year ended 31 December 2001. Pre-taxation profits have risen by 11.05% from Ј6.306m to Ј7.003m. This represents a second year of growing profit for the company as pre-taxation profits...

#business finance#invoice#trade

CIT Increases Funding Capability

As part of its ongoing strategy to further strengthen its financial position and diversify its funding sources, CIT Group Inc.…

#CIT#CIT Commercial Services#Credit Suisse


Bank of Ireland and Anglo Irish Bank to Merge?

It has been reported that Bank of Ireland could be merging with Anglo Irish Bank Corporation plc. The rumour has…


FDA Reports 16% Increase in Total Client Sales in...

The Factors and Invoice Discounters Association, the trade body representing the interests of factors and invoice discounters operating within the…


Service Sector Recovery Continues as New Business and Activity...

February’s survey provided further signs of recovery within the UK private sector services economy. The seasonally adjusted Business Activity Index…


Rumours Emerge of Impending Purchase of Banco Galicia

Rumours have surfaced on the business news service, Zephus.com, of the forthcoming acquisition of Argentina’s Banco Galicia. A prospective purchaser…


PMI Signals Tentative Manufacturing Growth for the First Time...

The seasonally-adjusted Purchasing Managers’ Index (PMI- a composite indicator designed to an overall view of the manufacturing economy), signalled marginal…

#economy#investment


Last Chance to Register for BCR Factoring Conference, Singapore

BCR’s Receivables Finance International Asia-Pacific has now attracted registrations from 14 nations which means that the conference, to be held…

#conference#international#receivables


Sterling Bancorp Announces Pricing of $22m Public Offering of...

Sterling Bancorp , parent company of Sterling National Bank, today announced the pricing of a $22 million public offering of…


Final Speakers for Eighth Annual Factoring Conference Selected

All speakers have been finalized for the 8th Annual Factoring Conference, 3 – 6 April 2002. This year’s conference will…


Competition Minister Accepts Undertakings on Lloyds TSB/Abbey National

Competition Minister Melanie Johnson has accepted undertakings from Lloyds TSB Group plc in relation to Abbey National plc. The undertakings…

#acquisition#Commercial Credit#commercial finance


Factors in Europe – Survive or Thrive?

At this year’s BCR Receivables Finance International Europe, the world’s foremost factoring visionaries and leaders will reveal what it will…

#conference#international#receivables

Caja Madrid Rumoured to Seek Stake in Banco de...

According to media speculation reported by Zephus, Spain’s Caja Madrid SA may be taking a minority stake of 10% in…

#bank#banks#BBVA

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