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BNbank, BNkreditt, Glitnir Bank ASA, Glitnir Factoring and BNbank's ownership in Norsk Privatokonomi will be part of Bjornsen's unit. Bjornsen will start in Glitnir as of August 1. (more…)
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Optimax Technology, Taiwan's largest polarizer maker, signed a NT$4bn factoring (accounts receivable financing) deal with three Taiwan local banks, including…
#bank#banks#cash-flow
The IFC's Mekong Private Sector Development Facility has launched a five-year project worth over USD6m to help Vietnam's commercial lenders provide better…
#bank#banks#commercial finance
The NLB Group comprises 58 companies on 18 European markets, of which 15 are banks, 11 leasing companies, 11 factoring…
#acquisition#bank#banks
Christchurch-based Southern Finance Ltd (SFL) has bought out the remaining 30% of Pacific Invoice Finance Ltd it did not own…
#banks#financial institutions#funding
The Bulgarian government has made big headway on an initiative for the creation of a state-run investment bank, which will…
#bank#banks#funding
The Brazilian unit of French credit insurer Coface expects to more than double profits this year compared to 2006, Coface…
#bank#banks#insurance
Euronet Worldwide Inc. has signed a long-term agreement for its first SEPA (Single Euro Payments Area) compliant cross-border transaction processing solution…
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Turnover on Hungary's factoring market rose almost 45 per cent to HUF 700bn in 2007. However, less than 1per cent of…
China's listed small-and medium-sized enterprises (SMEs) have reported robust profits, according to business reports published on Wednesday. The 116 SMEs…
#3M#banks#smes
The Export and Import Bank of China, one of China's three policy banks, reported that its ratio of non-performing loans…
#bank#Bank of China#banks
Sundaram Infotech Solutions (SIS), the IT services arm of Sundaram Finance, has launched SmartLend Lite, a customised IT solution for…
#banks#management#Microsoft
The country's oldest but troubled financial institution IFCI may soon see the entry of a strategic investor. IFCI is the…
#bank#banks#financial institution