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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 and Chang Hwa Commercial Bank--to launch banking services across the Taiwan Strait, MOF officials said yesterday Under the reform bills,...

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


Irwin Unveils Pilot to Offer Troubled Small Businesses a...

Head of the Small Business Service David Irwin today unveiled a pioneering scheme aimed at giving small business suffering from…


DTI Grants RBS/EFS Merger Clearance

The Secretary of State for Trade and Industry has decided on the information at present before her, and in accordance…

#acquisition#bank#BCR Publishing


Global Trade Finance Commences Trading Today

The new Indian factoring and forfaiting company Global Trade Finance, a joint venture between EXIM Bank and West LB, is…

#bank#conference#credit protection


Fortis Aim for Profit in 2001 as they launch...

The annual accounts for Fortis Commercial Finance Limited, the factoring company formed in July 2000 by integrating FMN Financial with…

#bank#commercial finance#International Trade


FS-Banken and SEB Merger Thwarted by EU

The planned merger between SEB and FцreningsSparbanken, two of Sweden’s largest banks, has become unviable as a result of concessions…


Demirbank Bulgaria Bought by Turkish Consortium

Demirbank Bulgaria has been bought by a Turkish consortium consisting of the former owner of the bankrupt Turkish bank, Halit…


Unicredito Italiano Acquires Majority Stake in Demirbank Romania

A 62.5% stake in Demirbank Romania, the company which, according to figures submitted to Factors Chain International for the year…


Indian Institute of Bankers to Offer Development Course in...

As part of its attempts to keep pace with the rapidly changing scenario in the financial sector, the Indian Institute…

North American Factors “Drowning in a Sea of Credit...

An informed source in Canada was speaking to a colleague in an undisclosed Canadian factoring company owned by a major…

#bank#BCR Publishing#business finance

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