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There have been unprecedented numbers of mergers and acquisitions in the US factoring industry in the last 12 months, with CIT buying two smaller factors and GMAC's purchase of the Bank of New York. As yet, the consequences of this...
#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
After the regional financial crisis of 1997 the Malaysian market is finally beginning to turn around. With a recorded growth…
#bank#banks#funding
According to George Georghiou, Manager of Laiki Factors in Cyprus, there is likely to be a significant growth of around…
Consolidation among companies that provide finance for small businesses is making it harder for companies to get cash, reports the…
Alliance & Leicester is trying to put together a joint venture with an invoice discounting and factoring supplier to offer…
Potential Finance Group plc, which was recently established to provide factoring & invoice discounting services to small and medium sized…
#investment#invoice#management
According to Jeff Liu, Senior Vice President of the Chailease Finance Corporation, several banks are currently urging the Ministry of…
Underlining an ongoing trend in Taiwanese banking, Dah An Commercial Bank have entered into a co-operative arrangement with the Chailease…
From August 2000, clients of the Chailease Finance Corporation, Taiwan’s largest international factor, will be able to access their accounts…
#assignment#e-commerce#international
Equity Participation and Trade Finance Services now available. Venture Finance plc has diversified its product range by introducing the above…
#invoice#trade
Key figures from Magyar Annual Report(HUF million) 1999 Total Assets 682,963 Shareholders' Funds 61,369 Profit before taxation 7,170 Capital Adequacy Ratio(BIS, unc.,%) 14.0%