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An unspecified American fund has acquired 315,000 shares in Hansabank, the parent of Estonia’s largest factoring company, Hansa Leasing. The share purchase represents a minority stake worth Ј1.73 million. Hansabank’s major shareholder is still Swedbank. Hansa Leasing have revealed that...
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…
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