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UPS Capital to Establish New European Factoring Network

UPS Capital, part of the UPS Logistics Group, is to set up a European factoring network which should be operational by the beginning of October 2000. The network is to be headed by Ben Hosh, former Managing Director of Griffin...

Euler, 1st Half Figures for 2000

A 7% increase in turnover for the first half 2000 In the course of the first semester 2000, EULER achieved…

#insurance#international#WHO


ABC Holdings to Launch in Botswana including Factoring Services

ABC Holdings has just completed its primary listing on the Botswana Stock Exchiange. The bank is configured to be a…


Factorem and Assurances Banques Populaires Share Trading to Resume...

Trading in the shares of French factoring services specialist Factorem SA and the French insurer Assurances Banques Populaires SA will…

#bank


Cabinet Approves Factoring Bill

Cabinet ministers yesterday approved a final draft of a new factoring bill. Finance Minister Tarrin Nimmanahaeminda said the law would…

#Bill#Factoring bill#liquidity


Ifis Wants to become a Bank

11 August 2000: Ifis Wants to become a Bank Ifis, the Italian factoring company presided over by Sebastiano Furstenberg and…

#bank#Italian factoring


Non-Performing Loans on the Increase

Spain: Banks' non-performing loans had reached a record low since 1993 by the end of 1999. Most experts agree, however,…

#banks#economy#interest rates


CIT to Provide Factoring to EcomTextile Clients

CIT Commercial Services, the largest provider of factoring services in the US, today announced a strategic alliance with EcomTextile, Inc.of…

#CIT#credit protection#e-commerce


EBRD Launches Second Credit Line for SMEs

22-Aug-2000: EBRD Launches Second Credit Line for SMEs The European Bank for Reconstruction and Development will be launching a second…

#bank#smes


Aceva Technologies Launch eFinance Infrastructure

Aceva Technologies today announced the launch of their first managed eFinance platform and aims to service online businesses. The new…

#trade#trade credit


First Half Figures from Turkish Factoring Association

The Turkish Factoring Association has released its half-yearly figures for 2000. They are as follows: Domestic US$bn1.92 International US$m377 Total US$bn2.30 For 1999, the overall total…


Finova’s Long and Short Term Debt Ratings Downgraded

The troubled international financial services company Finova Group which last week announced that they would be selling their factoring business…

#Commercial Credit#financial services#international

RDM Factors Focused on Growth

RDM have recently opened an office in Scotland to reflect the different needs of businesses there. Graeme Cullen, whose most…

#BCR Publishing#WHO

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