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Euro Sales Finance plc, the pan European factoring and invoice discounting company, has reported record profits for the year ended 30 June 2000, following their expansion into the French and German markets. The following table illustrates this impressive growth: Year...
After a year long struggle for control over Poland’s BIG Bank Gdanski, Banco Comercial Portugues (BCP) has succeeded in taking…
#bank#Deutsche Bank#poland
The Serious Fraud Office have issued a press release stating that they are to conduct an investigation into the business…
After last week’s British Virgin Islands hearing, a court ruling has been made that promises to reveal more about the…
Two members of the group of wealthy individuals that helped fund the trade finance group Versailles (which went into receivership…
According to The Guardian, Versailles, the trade finance company which went into receivership in January 2000, owing its banks approximately…
#banks#trade#WHO
Two members of the group of wealthy individuals that helped fund Versailles, the trade finance group which collapsed in January,…
#channel#interest#trade
The Canadian Factoring Association was brought into being to lobby the government and the Export Development Corporation (EDC). In the…
#banks#international#invoice
The factoring market in Germany has remained fairly steady in the last few months, with DG Bank continuing their dominance…
#bank#BCR Publishing#receivables
There have been unprecedented numbers of mergers and acquisitions in the US factoring industry in the last 12 months, with…
#bank#BCR Publishing#CIT
The government has succeeded in reducing interest rates to between 25-35%, which means that factors are having to operate under…
Two new players have recently joined the Romanian market, The Romanian Commercial Bank and Demir Bank of Romania in offering…
#bank#banks#Two