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Canbank Factors Record Steady Growth in spite of Economic...

Canbank Factors, India’s largest factor by market share, have released their annual accounts for the year ended 31 March 2001. Turnover has increased by 21% from Rs. 732 Crores in the previous year to Rs. 887 Crores in the year...

#assignment#assignment of receivables#financial services

Banks Suspend Trading Credit Services with Middle East Partners

The three largest commercial banks in Taiwan have temporarily suspended negotiations for letters of credit for Taiwanese companies doing business…

#bank#Bank of China#banks


SBS Unveils Ј75m Boost to Help Baby Businesses Grow

Applications invited for new England-wide Incubator Fund Budding entrepreneurs looking to take their first steps in the business world are…


Griffiths Launches Ј2.7m Campaign to give Small Bbusiness an...

Minister for Small Business Nigel Griffiths has launched a new national TV and print advertising campaign aimed at encouraging owner-managers…

#e-commerce#small business#small businesses


Latest FDA figures show strong domestic and export factoring...

Figures released today by the Factors & Discounters Association (FDA) demonstrate a significant increase in UK businesses using asset-based finance…


Royal Bank of Scotland Completes Euro Sales Purchase

The Royal Bank of Scotland has completed the Ј68 million purchase of Euro Sales Finance. The Bank had already declared…


United Factoring of Thailand Seeks Alternative-Market Listing

United Factoring (1993) Co plans to seek a listing on the Market for Alternative Investment by the middle of next…


CIT Renamed Tyco Capital

Tyco International Ltd. announced that its financial services group, CIT, which includes CIT Commercial Services, the largest factoring company in…


Davenham Trade Finance Shines in Solid Davenham Group Results

The annual accounts for Davenham Trade Finance Ltd, the factoring and invoice discounting arm of the Manchester-based Davenham Group plc,…


Big-3 Banks Allowed to Operate Cross-Strait Banking Services Including...

The Ministry of Finance has issued a green light for the 'big-three' commercial banks--First Commercial Bank, Hua Nan Commercial Bank…


Decline in New Business Start-Ups

83,570 new businesses were started in England and Wales during the second quarter of 2001 – 16% down on this…


Uncertainty Regarding Fate of Demir Factoring

Demir Factoring, the largest of Turkey’s 95 factors with 8.9% market share in 1999, is facing an uncertain future. Whilst…

Davenham to Seek London Listing

Davenham Group plc, the niche provider of asset-based specialised finance solutions to the UK small and medium-sized enterprise (SME) market,…

#bank#management#smes

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