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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, it is forming separate companies to focus on delivering internet business solutions and services to its customers worldwide. The first...

#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


Aktif Finans Factoring Assigned ‘BB Minus’ Foreign Currency Rating

The international rating agency, Fitch, has assigned a senior unsecured foreign currency rating of ‘BB-’ (BB minus) to Aktif Finans…


Canbank to Introduce Export Factoring Service Today

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


Credit Lyonnais Eurofactor Becomes Eurofactor

As of today, the company formerly known as Credit Lyonnais Eurofactor will be known as Eurofactor SA/NV. The Brussels-based company…

#BCR Publishing


Banco Popular Espaсol to Buy 50% Stake in Heller...

It was announced yesterday that the Spanish Bank Banco Popular Espaсol will be purchasing a 50% stake in Heller Factoring…

#bank


Royal Bank of Scotland Commercial Services Open for Business

As of today, the invoice discounting arms of The Royal Bank of Scotland and The National Westminster Bank, Royal Bank…


GMAC Purchase of Bank of America Commercial Finance Likely...

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


Fortis Plans to Drop Non-Core and Non-Performing Activities Unlikely...

The Belgian-Dutch financial services group Fortis is to withdraw from under-performing businesses that do not fit its overall strategy of…


Fortis Consolidates its Position in the Low Countries

Fortis, the Belgium/Netherlands based financial services group, has denied rumours that it is on the point of merging with another…


Accounts Released for Merchant Trade Finance Limited and Merchant...

Merchant Trade Finance Limited and Merchant Commercial Finance Limited today released their annual accounts for the fifteen months ended 29…

#commercial finance#Deloitte#international

UK Competition Commission to Investigate Possible Monopoly in Royal...

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

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