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The CIT Group today announced a record net income of $151.4 million for the second quarter of 2000. This represents an increase of 57.2% from the same quarter of 1999 and puts this year’s six monthly income at $295.3 million.
#CIT
Although the rate of economic growth in Malaysia is one of the fastest in the south east Asian region and…
#investment
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
The Department of Trade and Industry has today announced its SME statistics for 1999. Their findings include the following results:…
Go to www.capital.com and you will find an on-line business finance marketplace in which premier financing sources compete to provide…
#business finance#Commercial Credit#funding
The Department of Trade and Industry have today released the corporate insolvency figures for the second quarter of 2000. The…
In July Japanese corporate bankruptcies rose 21% year on year to 1,617. Total debts owed by bankrupt firms tripled to…
The Heritage Bank of Commerce have today announced that Sherry Crowley has been made Vice President and Business Development Officer…
DnB, Norway’s biggest bank and parent company of Norway’s largest factoring company, DnB Factoring AS, has announced a record 30%…
Clearly Business, a joint e-venture between Freeserve and Barclays Bank has been launched today. The website is planned as an…
#bank#BCR Publishing#small businesses
On Friday, the governor of the Bank of Japan, Masaru Hayami, persuaded the bank’s policy board to raise rates from…
#bank#economy#interest rates
The European financial group Fortis is currently in contention with the Japanese investment bank Nomura. The bone of that contention…
As part of a large expansion programme, Chile’s Banco de A. Edwards announced yesterday that it had opened a factoring…