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WStore UK to use the Services of Euro Sales...

It has been announced today that Euro Sales Finance will be providing growth capital for one of the leading online suppliers of IT products, WStore UK. WStore, which was launched in France in January 1998 and opened its UK arm...

#BCR Publishing

FDA Release Quarterly Statistics to 30 September 2000

The FDA has today released the figures for the nine months to 30 September 2000. The figures show a continuing…

#credit protection#import factoring#invoice


George plc Aims to Improve Cash Flow

Two Merseyside firms, FWL Technologies and Bermans Solicitors, together with the Merseyside Special Investment Fund (MSIF) have joined forces to…


Byers Says New Budget Will Encourage Innovation, Enterprise and...

The Secretary of State for Trade and Industry, Stephen Byers, has today commented on the impact of this week’s pre-budget…

#cash-flow#innovation#trade


Taiwan Government Seeks to Calm Stock Market by Rationalising...

The Government of Taiwan is seeking to accelerate the introduction of a new law aimed at reducing the number of…


Crйdit Lyonnais Portugal Sold to Banco Bilbao Vizcaya Argentaria

The French based bank Crйdit Lyonnais has sold 85% of its Portuguese subsidiary Crйdit Lyonnais Portugal to the Spanish bank…


Malaysian Banks Continue to Record New Non-Performing Loans

In January-June 2000 the six largest listed Malaysian banks recorded new non-performing loans at an annualised rate of 11% on…

#banks#economy


SunTrust Group Records Only Modest Third Quarter Profit Growth

The USA based SunTrust banking group which includes a factoring operation has reported net income of $326.8m in the third…

#SunTrust


Bank of America Sees Growth in Non-Performing Loans

In the July-September 2000 quarter Bank of America, the second largest US financial services company, whose interests include factoring, recorded…


Italy’s UniCredito to bid for Komercni Banka of the...

UniCredito Italiano SpA, the Italian banking group, is to bid for the Czech Republic’s third largest bank, Komercni Banka (KB)…

#bank#poland


EU Commissioner Calls for Faster Cross Border Bank Transfers

The EU’s single market commissioner, Frits Bolkestein, has today urged EU banks to speed up payments between banks and reduce…

#bank#banks#international


KBC and ABN Merger Goes Ahead

The proposed merger reported last month between Kereskedelmi es Hitelbank (a subsidiary of Belgium’s KBC Bank) and Magyar Bank (owned…

#ABN AMRO#bank#banks

Worldcatch Brings Factoring to the Seafood Market

The leading online marketplace for the global seafood industry, Worldcatch has today launched a factoring service offering sellers of seafood…

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