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The EU’s single market commissioner, Frits Bolkestein, has today urged EU banks to speed up payments between banks and reduce the cost of cross-border money transfers. Currently customers making cross border transfers are frequently subjected to double charging and the...
#bank#banks#international
The proposed merger reported last month between Kereskedelmi es Hitelbank (a subsidiary of Belgium’s KBC Bank) and Magyar Bank (owned…
#ABN AMRO#bank#banks
Den norske Bank, Norway’s largest bank and parent company of one of the Norwegian factoring industry’s major players (DnB Factoring)…
#bank#factoring industry
Isis Factors Plc, a subsidiary of London Scottish Bank and established in 1991, has joined the Factors and Discounters Association…
#bank
Via its Export Credits Guarantee Department (ECGD) the UK government has launched a new scheme for encouraging small and medium-sized…
#bank#guarantee#guarantees
The accounts of FMN Financial Limited (which merged with Fortis Bank Commercial Finance to become Fortis Commercial Finance in July…
#bank#commercial finance
Trading in the shares of French factoring services specialist Factorem SA and the French insurer Assurances Banques Populaires SA will…
11 August 2000: Ifis Wants to become a Bank Ifis, the Italian factoring company presided over by Sebastiano Furstenberg and…
#bank#Italian factoring
22-Aug-2000: EBRD Launches Second Credit Line for SMEs The European Bank for Reconstruction and Development will be launching a second…
#bank#smes
Merchants Bank of California (which specializes in trade finance, factoring and ‘check cashing’) has reported record earnings for the second…
#bank#trade
Clearly Business, a joint e-venture between Freeserve and Barclays Bank has been launched today. The website is planned as an…
#bank#BCR Publishing#small businesses
On Friday, the governor of the Bank of Japan, Masaru Hayami, persuaded the bank’s policy board to raise rates from…
#bank#economy#interest rates
Interest rates in Australia have been raised for the fifth time in nine months. The new rate was set at…
#bank#inflation#interest