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Versailles’ Investors Launch Court Action in British Virgin Islands

Two members of the group of wealthy individuals that helped fund the trade finance group Versailles (which went into receivership in January), have launched a court action in an attempt to recover their money and to discover the reasons for...

#channel#interest#trade

Impact of EDC Joint-Venture Still Unclear

The Canadian Factoring Association was brought into being to lobby the government and the Export Development Corporation (EDC). In the…

#banks#international#invoice


Key Developments in German Factoring Market According to Bertelsmann

The factoring market in Germany has remained fairly steady in the last few months, with DG Bank continuing their dominance…

#bank#BCR Publishing#receivables


US Factoring Industry Snapshot From HSBC President, John Heffer

There have been unprecedented numbers of mergers and acquisitions in the US factoring industry in the last 12 months, with…

#bank#BCR Publishing#CIT


Reduced Margins could Dramatically Reduce Numbers of Factors

The government has succeeded in reducing interest rates to between 25-35%, which means that factors are having to operate under…


Two new players in Romanian Market

Two new players have recently joined the Romanian market, The Romanian Commercial Bank and Demir Bank of Romania in offering…

#bank#banks#Two


Malayasia records growth in GDP of nearly 20%

After the regional financial crisis of 1997 the Malaysian market is finally beginning to turn around. With a recorded growth…

#bank#banks#funding


Factoring Market in Cyprus Predicted to Grow by 30%...

According to George Georghiou, Manager of Laiki Factors in Cyprus, there is likely to be a significant growth of around…


Have Industry Mergers and Consolidations Damaged the Factoring Industry?

Consolidation among companies that provide finance for small businesses is making it harder for companies to get cash, reports the…


Alliance & Leicester Hope To Offer One Stop SME...

Alliance & Leicester is trying to put together a joint venture with an invoice discounting and factoring supplier to offer…


New Factor to Float on AIM

Potential Finance Group plc, which was recently established to provide factoring & invoice discounting services to small and medium sized…

#investment#invoice#management


Ministry of Finance Considers Bank Pleas.

According to Jeff Liu, Senior Vice President of the Chailease Finance Corporation, several banks are currently urging the Ministry of…

Strategy Alliance of Dah An Commercial Bank and Chailease

Underlining an ongoing trend in Taiwanese banking, Dah An Commercial Bank have entered into a co-operative arrangement with the Chailease…

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