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Rate of Growth in US Slows

The Federal Reserve’s latest survey on regional economic conditions indicates that the rate of growth in the US has slowed down from its earlier pace in the year. This slowing, together with reports of strong productivity and falling unit labour...

Venture Capitalists Remain Optimistic

US venture capital financing has slowed slightly in the second quarter, but still remains at record levels of about US$1bn…


Potential Impact of Change in SEC Disclosure Rules

A new rule is proposed by the US Securities and Exchange Commission to stop companies giving favoured analysts and investors…


Canadian Factoring Industry Volume Figures for 1999

Company Volume Factored in $ millions Percentage Increase from 1998 Percentage of Industry Total Volume Non Recourse Factors Accord Business Credit Inc 762 -1.2% 26.3% GMAC Commercial Credit Corp 740 -5.1% 25.6% Brome…


Prime Minister Warns Against Insularity

The Indian Prime Minister, Atal Behari Vajpayee, has told his party that “all of us should realise that globalisation is…

#international#international factoring#investments


Opportunity Knocked for Regulation of Czech Factoring

A bill that would force the central bank to consult with the government and report to the parliament on a…


Konsolidacni Banka Cancels Agreement with U.S. Ayres Corp

Konsolidacni Banka, the Czech state factoring bank, has today announced that it has cancelled an agreement made in June with…

#bank#factoring industry#management


Government Reforms Fail to Inspire Confidence

In spite of the introduction of laws this year to protect minority investors and to eliminate capital controls, levels of…


SFF Affacteurage and SLIFAC merge to form Eurofactor

France’s second and third largest factors (by turnover and market share) have merged to create Eurofactor, which claims to be…

#commercial finance#international#international factoring


LOFAC’s Export Factoring Figures, January – July 2000.

Country Volume (in US$) Percentage of Total Export Factoring Volume Canada 599,324 24.24 Poland 426,312 17.24 USA 345,688 13.98 UK 262,742 10.63 Germany 183,275 7.41 France 139,284 5.63 Netherland 126,076 5.10 South Africa 98,310 3.98 Australia 97,452 3.94 Chile 76,694 3.10 Japan 58,800 2.38 Italy 31,485 1.27 Belgium 25,919 1.05 Austria 938 0.04 Total 2,472,299 100 

#poland


Disappointment as Inflation Continues to Increase.

A report on 3 August 2000 has revealed that there has been a 2.2% increase in consumer price inflation for…

#inflation


Industry Optimism Follows Failure to Raise Interest Rate

There were worries that recent strong rates of growth would lead to the Bank of England raising the rate of…

#bank#Bank of England#Clear

Interest Rate Instability Continues

There has been a sharp increase in the money market rates in Sri Lanka during the last month and a…

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