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The international rating agency, Fitch, has assigned a senior unsecured foreign currency rating of ‘BB-’ (BB minus) to Aktif Finans Factoring and a senior unsecured local currency rating of ‘BB’. The company was also assigned a national rating of ‘BBB+(tur)’....
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…
Further to our report of 1 December 2000, it is understood that the announcement of GMAC’s intention to purchase Bank…
#bank#Bank of America#BCR Publishing
The Belgian-Dutch financial services group Fortis is to withdraw from under-performing businesses that do not fit its overall strategy of…
Fortis, the Belgium/Netherlands based financial services group, has denied rumours that it is on the point of merging with another…
Merchant Trade Finance Limited and Merchant Commercial Finance Limited today released their annual accounts for the fifteen months ended 29…
#commercial finance#Deloitte#international
The Competition Commission, the UK’s anti-trust agency, is to extend its current investigation into the provision of services for small…
#bank#NatWest#small businesses
The UK Competition Commission is in the process of investigating a possible oligopoly being operated by the four main UK…
#bank#forum#NatWest
National Australia Bank (NAB) has confirmed its intention to use some of the $2.75 billion earnings from the sale of…
#ABN AMRO#bank#banks
Euro Sales Finance (ESF) has appointed Bluestone Software Inc. to power its dedicated web portal, the first of its kind…