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HSBC Invoice Finance UK’s Annual Accounts Released

HSBC Invoice Finance UK Limited today released their annual accounts for the year ended December 31 1999. Turnover has fallen by 4.4% to Ј103,579,000 from the 1998 figure of Ј108,331,000. Pre taxation profits have risen by 20.4% to Ј27,408,000 from...

#BCR Publishing#invoice

Alex Lawrie Factor’s Annual Accounts Released

Alex Lawrie Factors Limited today released their annual accounts for the year ended December 31 1999. Turnover has fallen by…

#BCR Publishing


Bibby Group’s Annual Accounts Released

The Bibby Group of factors today released their annual accounts for the year ended December 31 1999. Turnover has risen…


Outlook Bleak for Argentinian Economy

Although figures have not yet been released, expectations regarding the results for the second quarter of 2000 are pessimistic. With…

#economy


New Arbitration Scheme to Resolve Debt Disputes Introduced

Details of a new scheme for promptly resolving legal disputes between bankers and defaulting debtors were announced yesterday by Thailand’s…


Merchants Bank of California Announce Record Quarterly Earnings

Merchants Bank of California (which specializes in trade finance, factoring and ‘check cashing’) has reported record earnings for the second…

#bank#trade


Latest FDA Figures Show Volume and Funds Provided Continue...

The Factors & Discounters Association has announced figures for the half year ended 30 June 2000. The figures show a…


CIT Team Up With TextilEdge

CIT Commercial Services, the largest provider of factoring services in the USA, today announced an arrangement with TextilEdge, a leading…

#CIT#CIT Commercial Services#credit protection


Light at the End of the Tunnel for Thailand’s...

Since the economic crash of three years ago, Thailand’s banks have been enmeshed in a web of bad debts generated…


CIT Group Financial Results

The CIT Group today announced a record net income of $151.4 million for the second quarter of 2000. This represents…

#CIT


Fears for Continued Economic Growth in Malaysia

Although the rate of economic growth in Malaysia is one of the fastest in the south east Asian region and…

#investment


CIT Announces Alliance with E-Commerce Company, TradeOut

The USA’s largest provider of factoring services, CIT Commercial Services, have today announced an alliance with TradeOut, a global internet…

#cash-flow#CIT#CIT Commercial Services

Small and Medium Enterprise Statistics for the UK, 1999

The Department of Trade and Industry has today announced its SME statistics for 1999. Their findings include the following results:…

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