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The election result for 2 July was better than expected. The financial markets reacted very well, with falls in country risk and interest rates, plus a rise in the stock market and a strengthening of the peso.
#interest#interest rates#risk
The Insolvency Service’s Annual Report, released on July 20th, has shown a 20% increase in the number of unfit directors…
Enel, the Italian electricity group, has created Enelfactoring, a new company which will operate in the corporate factoring sector. The…
#bank#cash-flow
Small Business Minister Patricia Hewitt on the 12 July 2000 launched the Business Debtline, a telephone helpline aimed at helping…
The Spanish factoring sector posted a turnover of Pta2,288bn in 1999, up 42.16% on 1998 figures of Pta1,600bn, thanks to…
Finova Group Inc. retained Credit Suisse First Boston to review strategic alternatives, including a possible sale, due to short-term financial…
MetroCorp Bancshares Inc. announced that Advantage Finance Corporation, the factoring subsidiary of MetroBank N.A., has reportedly been the victim of…
#3M#bank#interest rates
Fortis Commercial Finance Up and Running Fortis Bank Commercial Finance and FMN Financial will from now on be working together…
#bank#commercial finance#insurance
RDM Factors have opened their tenth office in UK on 8 May. The new branch is located in Manchester and…
Euro Sales Finance Completes 2nd Asset-Backed Securitisation Sructuring Euro Sales Finance PLC said it has successfully completed the structuring of…
According to MBF Capital's Chief Executive Officer Datuk Loy Teik Ngan, sales by MBf Factoring are looking better than last…
SBI Factors is looking for certain regulatory changes to ensure that factoring takes off in a major way. Business is…
#SBI
Canbank Factors achieved a turnover of Rs. 1,000 Crores in 1999-2000 and expect growth of 25-30% in the coming financial…
#bank#guarantees#invoice