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Global

End of February, worst time for payments

Businesses set to feel the pinch during the last week of February, as payments are held until the month is out, says Hitachi Capital Invoice Finance. (more…)

e-Factor Network exceed 2012 goals

e-Factor Network announces record growth for 2012. (more…)


Monsoon 'shamed for forcing invoice discounting on suppliers'

Forum of Private Business s accused Monsoon in using invoice discounting to extend payment times. (more…)

#cash-flow#forum#invoice


Coface improves results despite crisis

In an economic downturn, particularly in the eurozone, Coface continued to increase its turnover, which totalled €1,571 million (+1.4%). Premiums…

#emerging markets#management#receivables


Shadow banking industry thrives

Chinese shadow banking industry provides almost half of all new credits, FT reports. Chinese shadow banking industry accounts for almost…


Ameriabank reports positive factoring development

Ameriabank recorded almost a four fold growth in factoring in 2012. Ameriabank s assigned factoring receivables increased by 3.7 times…

#bank#international#international factoring


Spanish factoring market remains flat

AEF published its annual figures for 2012 The Spanish Factoring Association (AEF), presented last week the results of its members…


Romanian factor posts 45pc annual growth

Banca Comerciala Rom na sees massive rise in factoring business in 2012. (more…)

#bank#non-recourse factoring#recourse factoring


Reiner Hirschberg is the new CEO of fidis GmbH

Fidis promotes Reiner Hirschberg to the CEO postion. (more…)

#financial services#investment#leadership


Swiss factoring affected by poor revenues and scaling down

Swiss Association of Factoring registers an industry reduction in 2012. (more…)


Ecobank secures USD200m AfDB trade finance facility

Ecobank Transnational Incorporated to receive USD200 million injection in its trade finance program for corporates and SMEs in Africa. (more…)

#African Development Bank#bank#international


Aldermore’s products to be ‘rated & reviewed’

Aldermore becomes first bank in UK to launch a full customer interactive service. (more…)

#Aldermore#bank#First Bank

Russian factoring crossed another frontier

The Association of Factoring Companies analyse Russian factoring market growth in 2012. (more…)

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