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LEGAL BRIEFING: Section 127 Insolvency Act 1986 Bank not liable Payees are liable to make restitution on cheques under Section 127 of the Insolvency Act 1986 according to the Court of Appeal in Hollicourt (Contracts) Limited v Bank of Ireland...
An unspecified American fund has acquired 315,000 shares in Hansabank, the parent of Estonia’s largest factoring company, Hansa Leasing. The…
An executive with a Little Rock, Arkansas factoring company, Southwest Financial Inc. pleaded guilty to conspiracy and eight counts of…
#bank#banks#Two
Spain’s third largest bank, Banco Popular, has declared a 13.3% increase in net profit from €497m last year to €528m…
The global services company EDS and the credit-solution enabler, Primestreet announced on Friday 12 January 2001 a comprehensive agreement to…
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 today released their annual accounts for the year ended 30 June 2000. Turnover has risen by 7.32%…
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
The international rating agency, Fitch, has assigned a senior unsecured foreign currency rating of ‘BB-’ (BB minus) to Aktif Finans…
India’s largest player by market share, Canbank Factors, will be launching their new export factoring service today in Bangalore. Domestic…
#bank#BCR Publishing#international
As of today, the company formerly known as Credit Lyonnais Eurofactor will be known as Eurofactor SA/NV. The Brussels-based company…
#BCR Publishing
It was announced yesterday that the Spanish Bank Banco Popular Espaсol will be purchasing a 50% stake in Heller Factoring…
#bank
As of today, the invoice discounting arms of The Royal Bank of Scotland and The National Westminster Bank, Royal Bank…