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financial services

Factoring to attract VAT in amendments to Act

A VAT Act amendment has passed into law that will increase VAT rates for selected services as of 1 January 2004. This is far from being the only important change for taxpayers. Among other important changes that appeared in the...

#debt collection#financial services#receivables

Financial services bounce back takes hold – survey suggests...

Financial services companies' confidence improved more than at any time in the last four years as business grew at its…

#banks#Boost#financial services


SMEs turn to factoring as ATO cracks down and...

With insolvencies on the rise due to the Australian Taxation Office’s (ATO’s) toughened approach on debt collection, more businesses are…

#debt collection#financial services#insolvencies


Zurich Financial Services gets out of the consumer business...

Swiss insurance firm Zurich Financial Services is to sell up its consumer operations in France in favour of concentrating on…

#financial services#insurance#Two


EQUIFAX offers online images of Companies House documents to...

An enhanced service offering instant photographic access to documents filed at Companies House, including directors' signatures, has been launched by…

#Equifax#financial services#risk


HSBC launches new factoring service

HSBC has launched a new service specifically designed to assist businesses with financing against their outstanding invoices for both their…

#financial services#international#international factoring


Government drafts SMEs improvement policy

An official from the Small and Medium-sized Enterprise Department under the State Development and Reform Commission (SDRC) revealed the department…

#bank#exports#financial services


GE Commercial Finance agrees to acquire most of Transamerica's...

GE Commercial Finance, the business-to-business financial services unit of the General Electric Company, has announced it has agreed to acquire…

#commercial finance#commercial financing#financial services


IFC assists Commercial International Bank to develop finance facilities...

The International Finance Corporation (IFC) has signed an advisory services mandate to assist Egypt’s leading private financial institution, Commercial International…

#bank#financial institution#financial services


CIT Group names new president and reorganisation of senior...

CIT Group Inc (CIT) has announced that from 3 September 2003 Jeffrey M. Peek will become the company's president and…

#CIT#Credit Suisse#financial services


Niche banks to begin business in 2004

Four new banks are considering opening niche operations in Chile in 2004. This will increase the degree of banking services…

#banking services#banks#financial services


RBS Commercial Services strengthens team in the South West...

The Royal Bank of Scotland Commercial Services (RBSCS), the invoice finance arm of The Royal Bank of Scotland, has today…

#bank#commercial finance#financial services

United Capital – even the bad times are good

While some businesses struggle to stay afloat in the choppy economy, United Capital Funding is profiting from the storm. The…

#bad debts#bank#financial services

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