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Alliance Trade Finance Limited Moves into the Black

Alliance Trade Finance Limited, the speciality trade finance provider, today released their annual accounts for the year ended 31 July 2000. Turnover has risen by 166.66% to Ј30,358,709 from the 1999 figure of Ј11,384,610. Pre taxation profits of Ј359,437 have...

#BCR Publishing#trade

CIT to Provide Trade Finance on the Internet with...

CIT Commercial Services, the USA’s largest provider of factoring, has today announced an agreement with Commfin, an internet portal that…

#CIT#CIT Commercial Services#platforms


GMAC Confirms Bank of America Purchase

BCR Publishing has today received confirmation that GMAC’s acquisition of the Bank of America’s factoring business was effective as of…

#bank#Bank of America#Commercial Credit


Bibby Group Launches Bibby Asset Finance Ltd

The Bibby Financial Services Group has launched a new division to work alongside Bibby Group of Factors, which is currently…

#bank#financial services#interest rates


Reedham Factors Limited Becomes Cattles Invoice Finance Limited.

Effective as of 9.00 this morning, Reedham Factors Limited has become Cattles Invoice Finance Limited. The re-branding is intended to…

#BCR Publishing#invoice


Wildes Reports on Ruling re Disposition of an Insolvent...

LEGAL BRIEFING: Section 127 Insolvency Act 1986 Bank not liable Payees are liable to make restitution on cheques under Section…


Share Purchase Will not Impact on Hansa Leasing

An unspecified American fund has acquired 315,000 shares in Hansabank, the parent of Estonia’s largest factoring company, Hansa Leasing. The…


Southwest Financial Inc. Executive Pleads Guilty to Fraud.

An executive with a Little Rock, Arkansas factoring company, Southwest Financial Inc. pleaded guilty to conspiracy and eight counts of…

#bank#banks#Two


Factoring Helps Banco Popular Results

Spain’s third largest bank, Banco Popular, has declared a 13.3% increase in net profit from €497m last year to €528m…


EDS and Primestreet Collaborate to Enhance Online Credit Solutions...

The global services company EDS and the credit-solution enabler, Primestreet announced on Friday 12 January 2001 a comprehensive agreement to…


HPD Restructures As Part of Long Term Internet Strategy

HPD Software, providers of secured asset finance solutions and services, has announced that as part of its long-term growth strategy,…

#BCR Publishing#commercial finance#invoice


Netherford Factors Limited’s Annual Accounts Released

Netherford Factors Limited today released their annual accounts for the year ended 30 June 2000. Turnover has risen by 7.32%…

Bank of England Vote on Interest Rates

The Bank of England's Monetary Policy Committee today voted to maintain the bank's repo rate at 6%. The minutes of…

#bank#Bank of England#interest

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