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Konsolidacni Banka, the Czech state factoring bank, has today announced that it has cancelled an agreement made in June with U.S. Ayres Corp. A reason for the cancellation has been given by a spokesman for the Czech bank, who said...
#bank#factoring industry#management
There were worries that recent strong rates of growth would lead to the Bank of England raising the rate of…
#bank#Bank of England#Clear
After a year long struggle for control over Poland’s BIG Bank Gdanski, Banco Comercial Portugues (BCP) has succeeded in taking…
#bank#Deutsche Bank#poland
The factoring market in Germany has remained fairly steady in the last few months, with DG Bank continuing their dominance…
#bank#BCR Publishing#receivables
There have been unprecedented numbers of mergers and acquisitions in the US factoring industry in the last 12 months, with…
#bank#BCR Publishing#CIT
Two new players have recently joined the Romanian market, The Romanian Commercial Bank and Demir Bank of Romania in offering…
#bank#banks#Two
After the regional financial crisis of 1997 the Malaysian market is finally beginning to turn around. With a recorded growth…
#bank#banks#funding
The Bermuda based Bank of NT Butterfield & Son have made Ј60 million from an MBO of the Manchester based…
#bank#Bank Leumi#Leumi
Bank lending in Thailand declined 18.7 percent, or 820 billion baht, compared with last year's first half, said Thai Farmers…
#bank#DBS#interest rates
Enel, the Italian electricity group, has created Enelfactoring, a new company which will operate in the corporate factoring sector. The…
#bank#cash-flow
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
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