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Global Analysis

Factoring in Asia Grows 147% in Five Years

The volume of factoring services in Asia, excluding South Korea, grew 147% between 1995 and 2000 according to factors Chain International. The countries which posted the highest growth were Taiwan, China and Hong Kong> the highest ration of international to...

#international

First East European Factoring Association Conference “Marvellous”

At the Twenty-Seventh Party Congress in 1986, perestroika, Mikhail Gorbachev's program of economic, political, and social restructuring, became the unintended…

#bank#conference#factoring industry


BCR’s International Receivables Conference Well Received

The first Receivables Finance International conference kicked off when a large section of the international factoring community descended on the…

#bank#commercial finance#conference


Growth of International Factoring Overtakes Growth of Domestic Factoring

The growth rate in international factoring volumes world wide is now greater than the growth rate in domestic factoring according…

#bad debts#exporters#international


Euro Sales Finance Share Price Plunges on Profit Warning

Euro Sales Finance today issued the following statement: “Whilst ESF has the opportunity to expand its receivables book significantly, particularly…

#bank#Deutsche Bank#funding


Germany is Europe’s Fastest Bill Payer

A survey conducted by Dun & Bradstreet, the business information group, has shown that German companies on average are the…


Financiers Back Single Market

Leading European banks and insurers have formed a discussion and lobbying group to support the completion of the single market…

#Allianz#bank#Deutsche Bank


European Growth Continues for Euro Sales Finance

Euro Sales Finance (ESF), the pan European sales finance company, today announced its interim results for the six months ended…


Members of Fraud Panel for IFA Conference Selected

The speakers for the fraud panel at the seventh IFA conference, to be held in Scottsdale, Arizona from 4th to…


Fortis Plans to Drop Non-Core and Non-Performing Activities Unlikely...

The Belgian-Dutch financial services group Fortis is to withdraw from under-performing businesses that do not fit its overall strategy of…


Fortis Consolidates its Position in the Low Countries

Fortis, the Belgium/Netherlands based financial services group, has denied rumours that it is on the point of merging with another…


National Australia Bank Set to Expand in the UK...

National Australia Bank (NAB) has confirmed its intention to use some of the $2.75 billion earnings from the sale of…

#ABN AMRO#bank#banks

New On-line Support Service for European SMEs

Business Europe has launched a new on-line service aimed at supporting small and medium sized companies (SMEs). The service will…

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