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Growth of International Factoring Overtakes Growth of Domestic Factoring

The growth rate in international factoring volumes world wide is now greater than the growth rate in domestic factoring according to the latest figures for the industry released by Factors Chain International (FCI). The statistics for 2000 show a growth...

#bad debts#exporters#international

Steve Websdale Appointed Chief Executive at FDA

Steve Websdale has been appointed to the position of Chief Executive of the Factors and Discounters Association, the industry association…

#bank


Byers Hails Inward Investment Figures As “Ringing Endorsement” for...

Ernst and Young figures show that UK is Europe's favourite place to invest. Trade and Industry Secretary Stephen Byers today…

#economy#international#investment


Capital Bank Cashflow Finance Limited Record Pre-Tax Loss

Capital Bank Cashflow Finance Limited have released their annual accounts for the year ended 28 February 2001. Turnover has fallen…

#bank#BCR Publishing#cash-flow


Konsolidacni Banka Record Q1 2001 Loss

The Czech state-run factoring bank, Konsolidacni Banka, has announced a first quarter loss of 933million koruna which compares with a…


Danske Bank sells BG Factoring to NCM

Danske Bank sold its subsidiaries BG Factoring A/S and BG Garanti Forsikringsselskab A/S to the Dutch-owned NCM group effective from…


Haulage Seminar, National Motor Museum, Gaydon, Warwick, UK: Tuesday...

In light of the problems that the haulage industry has been facing, the accountants Grant Thornton, renowned for their expertise…


Asta Reports 62% Increase in Net Income

Asta Funding, the financial services company which specialises in factoring and the purchase, liquidation and management of performing and non-performing…

#financial services#funding#management


Late Payment Guarantees Added to Coverclick’s Product Range

Coverclick.com, the web-based credit insurer backed by Royal & Sun Alliance, has added another first to its product range. Following…


“Complex Monopoly” of Banks Damages Small Businesses

Small businesses are being hindered by excessive loan and current account payments due to banks running a “complex monopoly”, according…


Hansabank to buy Lithuania’s Second Largest Bank

Hansabank, owner of the largest factors in the Baltic states, Hansa Leasing, yesterday strengthened their pan-Baltic network by signing a…

#bank#leasing


Independent Growth pulls IPO

Factoring group Independent Growth Finance Plc, the holding company for GLE Invoice Finance, said on Monday it was scrapping its…

Shake-up at Euro Sales Finance

On 9 April 2001, Euro Sales Finance (ESF) announced that it was examining with its lead banks ways in which…

#bank#Deutsche Bank#funding

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