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Central Bank Governor Sjahril Sabirin is facing a possible four year imprisonment for allegedly being involved in corruption linked to the Bank Bali scandal, which led to government losses of some Rp 904 billion (US$96.2 million). Sjahril was also ordered...
The abbreviated accounts for the year ended 31 March 2001 have today been released by factoring company Ashley Commercial Finance,…
#bank#BCR Publishing#commercial finance
Eurofactor (UK) Limited, backed by Credit Lyonnais and Euler (Europe’s largest credit insurance company), is launching a Thames Valley business,…
#funding#invoice#leadership
Invoice and asset-based finance specialists Venture Finance PLC last week launched a free bad debt protection service for small to…
#ABN AMRO#bank#invoice
Mr. Joe Grimaldi, the chief executive officer of the USA’s second largest factoring company, GMAC Commercial Credit, has been dismissed…
Delays in the Council of State's legal interpretations of pending economic bills, including a draft of the Public Enterprise Corporation…
#bank#factoring legislation#management
BBVA Factoring, the factoring arm of Spanish bank BBVA (and the Spanish industry’s largest player with a market share of…
#bank#BBVA#Paid
Despite a high pound and international uncertainty, Britain’s export sector remains buoyant according to research from leading business finance providers…
#business finance#exporters#financial services
Asta Funding Inc, a leading consumer receivables asset management and liquidation company which also factors commercial receivables, today announced that…
#asset management#funding#management
General Electric Capital Corporation (GE Capital), a diversified financial services company and subsidiary of the General Electric Company, today announced…
#commercial finance#credit risk#financial services
It was announced this week that Latvia’s third largest bank, Hansabanka, has received permission from the Finance and Capital Market…
It was announced earlier in the month that Romanian authorities had approved the privatisation strategy of Romania’s largest bank, Banca…
#bank#banks#BCR Publishing
Canbank Factors expects to be on target for turnover and profits this fiscal year despite the slowdown. The projected turnover…