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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 Cingilioglu, and Mr Aidan Dogan, the owner of Dogan Holding. The consideration was not disclosed. A total of six bids...

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


Joint Venture of Banco de Chile and BCI to...

Artikos Chile, a company formed with a US$9mil investment by Banco de Chile and BCI (Banco Credito e Inversiones), is…

#electronic factoring#investment#Produce


Sterling National Bank Announces New Hong Kong Subsidiary

Sterling National Bank, the principal banking subsidiary of banking and financial services company, Sterling Bancorp, today announced the launch of…


Intuit Canada Limited and Alliance Financing Group Inc. Announce...

Intuit Canada Limited, the Edmonton-based provider of e-finance solutions, together with the one-stop financing shop, Alliance Financing Group Inc., announced…


Meeting of Bankers and Industrialists Reveals Level of Pessimism...

European business leaders are scared. For all the brave words and fine talk that the worse may soon be over,…

#bank#banks#i


Euro Fails to Penetrate the UK

"There is some anecdotal evidence that use of the euro is increasing a little," says Leslie Gunde, associate director at…

#economy#exporters#invoice


Exim Factoring Venture to Begin Operations in Ten Days

Global Trade Finance Pvt Ltd, the factoring joint venture company of Exim Bank of India, WestLB (Westdeutsche Landesbank Girozentrale) of…

#bank#emerging markets#exporters


HBOS Plans to Target Small Business Market

HBOS, the bank formed by the merger of Halifax and Bank of Scotland, is to recruit hundreds of staff in…

#bank#Deutsche Bank#NatWest


Aston Rothbury on Course for Projected 100% Profit Increase...

Managing Director, Ian Clark, discusses company performance and future plans The Brentwood-based company Aston Rothbury Factors Limited has recorded turnover…

#BCR Publishing#business finance#Produce

Silverburn Finance UK Ltd Release Abbreviated Annual Accounts

Silverburn Finance UK Ltd have released an abbreviated set of accounts for the year ended 31 January 2001. The results…

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