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Merchants Bank of California (which specializes in trade finance, factoring and ‘check cashing’) has reported record earnings for the second quarter of the year 2000. Net income for the period ending 30 June 2000 was $444,137 representing a 57.8% increase...
#bank#trade
The Factors & Discounters Association has announced figures for the half year ended 30 June 2000. The figures show a…
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
Since the economic crash of three years ago, Thailand’s banks have been enmeshed in a web of bad debts generated…
The CIT Group today announced a record net income of $151.4 million for the second quarter of 2000. This represents…
#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%…