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Global Analysis

David Robertson highlights scope and benefits of FDA’s work

David Robertson, managing director of Bibby Financial Services and the next FDA Chariman (from June 2004), highlighted the work that the Factors and Discounters Association (FDA) does on a number of fronts, including lobbying, PR and industry events, at Wednesday’s...

Overhang of VC-backed private companies in Europe reduced

Venture capital (VC) backed private companies represent a target market for factors. Many VC financings are accompanied by invoice finance.…

#economy#funding#invoice


New chief financial officer appointed at Intrum Justitia

The new chief financial officer (CFO) at Intrum Justitia has been named as Bo Askvik, who will also become a…

#bank#i#international


Swiss governor EBRD welcomes action plan for Central Asia’s...

The Swiss president, Joseph Deiss, has welcomed a plan by the European Bank for Reconstruction and Development (EBRD) to boost…

#bank#IMF#international


Atradius launches new credit insurance policies

With the number of UK small business insolvencies still rising* and an estimated 10,000 UK businesses failing because of bad…


FCI report world factoring volume tops 760bn Euros, up...

Factors Chain International (FCI), the world’s largest network of factoring companies with a presence in nearly 60 countries, has published…


Allianz Group to expand core business in China

Allianz Group, the largest German insurance service provider, will continue to expand its core business in China, according to Michael…

#Allianz#financial services#management


The ECB dithers, leaves rates on hold

What, exactly, is the European Central Bank (ECB) waiting for before it pulls the trigger? Yesterday's failure by the ECB…


Coface acquires 100% of ORT SAS and its subsidiaries

Coface, a Natexis Banques Populaires subsidiary, today announced the acquisition of 100% ownership of the ORT SAS Company and its…

#acquisition#management#receivables


Key changes to indirect taxes in EU accession countries

Indirect-tax specialists from Ernst&Young have warned all multinational companies trading in the Accession Countries that, in the area of indirect…


GE Commercial Finance acquires IKON's US leasing operations –...

GE Commercial Finance, the business-to-business financial services unit of General Electric, announced yesterday that it has completed the acquisition of…

#acquisition#commercial finance#financial services


The international factoring industry is warned of the increasing...

The ‘Eternal City’ of Rome was the setting for Europe’s premier meeting of 120 top factoring and asset-based finance industry…

Ex-Im Bank backs sale of US flood-forecasting equipment to...

A US$38.7 million Export-Import Bank of the United States (Ex-Im Bank) loan guarantee will enable Romania to buy equipment, technology…

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