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FS-Banken and SEB Announce Merger

Two of Sweden’s largest banks, SEB and FцreningsSparbanken, yesterday announced plans for a $15.9bn merger. It is hoped that the merger will provide the banks with a platform for European expansion, creating Scandinavia’s second largest bank by assets and third...

Factoraje Comercial America Reports Fourth Quarter and Full Year...

Factoraje Comercial America S.A. de C.V., the factoring subsidiary of one of Mexico’s leading insurance companies (Seguros Comercial America), today…

#insurance


LDP to Aid Small Companies

Japan's ruling Liberal Democratic party is preparing measures to help small and medium-sized businesses weather the increasingly difficult economic environment,…


CIT And 7thOnline in Alliance to Provide Financial Services...

CIT, a leading global source for financing and leasing capital managing more than $50 billion in assets, and 7thOnline, a…


City Invoice Finance joins Euro Sales in link-up with...

The Co-operative bank today has become the first bank to offer small business customers a choice of factoring and invoice…

#bank#financial services#First Bank


BB& T to Provide Secure Web Site for Clients

van Schouwen Associates, a full service marketing and interactive agency in Greensboro, North Carolina, has been awarded the contract to…


Germany’s DG Bank and GZ Bank to Merge

DG Bank, which owns the factoring company DG Diskonbank, is to merge with GZ Bank, it was agreed on Tuesday.…

#bank#banks#Rabobank


Factors & Discounters Association Figures Show 18% Increase in...

The FDA released its statistics for the last quarter of 2000 and the year ending December 2000. The figures show…


GLE Invoice Finance Plans to Float on AIM

The Kent based factoring company, GLE Invoice Finance, is planning to float on the alternative investment market later in the…

#commercial finance#IGF#Independent Growth Finance


First Digital Signature Contract for Asset Based Lending Introduced...

1st PM Factors Bancorp (also known as Pmfactors.com) has announced the first fully digital set of contracts signed using a…

#digital#funding#software


Bank of England Vote to Reduce Interest Rates

The Bank of England's Monetary Policy Committee today voted to reduce the Bank's repo rate by 0.25% to 5.75%. The…


CIT, Sinopac and C-ME to be Joined in Financing...

The US financing company, CIT, today announced the establishment with Taiwan’s Bank Sinopac and C-ME (Cyber Merchants Exchange) of a…

#bank#exporters#international

Asta Funding Reports 45% Increase in Net Income in...

The financial services company, Asta Funding Inc., which specialises in factoring as well as the purchase, liquidation and management of…

#financial services#funding#management

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