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SBI Factors Lobbies for Regulatory Changes

SBI Factors is looking for certain regulatory changes to ensure that factoring takes off in a major way. Business is expected to grow significantly in the coming year along with the predicted increase in demand for factoring services from industry....

#SBI

Canbank Predicts Strong Turnover Growth

Canbank Factors achieved a turnover of Rs. 1,000 Crores in 1999-2000 and expect growth of 25-30% in the coming financial…

#bank#guarantees#invoice


Internet-based Debt Exchange to Open

Adossag Borze Kft on Wednesday announced that it will launch an internet debt exchange platform for factoring companies from June.…


Fall in Market Share for DG Diskont

The bank is a market leader in Germany in the field of factoring, but has suffered a drop recently in…


Deutsche Factoring Bank Increases Turnover

Deutsche Factoring Bnak increased turnover by 8% to about 1.8bn euros in 1999. Annual net profits rose by 1% to…

#bank


Etoile Commercial Contributes to Gurling Namur Profit Growth

Gerling Namur Profit up by 43% Gerling-Namur, the subsidiary of German Gerling Credit Insurance Group, saw consolidated profit rise 9…


Gerling Namur Profit up by 43%

Gerling-Namur, the subsidiary of German Gerling Credit Insurance Group, saw consolidated profit rise 9 per cent to BFr8.43bn in 1999.…


Belgo Factors, Ace & FMN Merge to form Fortis...

Belgo Factors, FMN Finance Housing and Ace Factors, the Belgian factoring companies, are merging today to form Fortis Commercial Finance…

#commercial finance#international#management


Hansa Leasing Achieves Factoring Profit

Hansa Leasing Increases Factoring Turnover Hanza Lizingas [Hanza Leasing], the leader of Lithuania's factoring market, hopes for further growth in…

#bank#international#international factoring


Siam General Factoring Issues Preferred Shares

Siam General Factoring Plc said its board of directors had approved a plan to increase capital... (more…)

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