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financial services

Caribbean Bank acquires Hidalgo Finance Group Corp

The acquisition will consist of market expansion for the former private finance company, Hidalgo Corp (which will hereafter operate as Hidalgo Bancorp ) offering financial services, grant, and loan programs to low income households and minority businesses. (more…)

#acquisition#bank#banking services

A challenging return

Michel Mollard, Member of the Board of Management at Euler Hermes, provides Factorscan with an insight into the changing credit…

#bank#financial services#international


HSBC assesses a bid for Nedbank Group

According to a Sky News exclusive, HSBC Holdings plc, the financial services corporation incorporated and headquartered in the UK, is…

#bank#banks#financial services


Apparel companies are seeking to fund growth

Bibby Financial Services (BFS) has seen an uptick in apparel companies that are seeking factoring facilities to fund growth. (more…)

#cash-flow#financial services


Rabobank and Agricultural Bank of China sign Memorandum of...

The Agricultural Bank of China (ABC) and Rabobank Group (Rabobank) have signed a Memorandum of Understanding (MOU) to establish a…

#bank#financial services#international


Bibby Financial Services announce 24 per cent growth in...

Bibby Financial Services has reported a 24 per cent y-o-y growth in new business for 2009, bringing its year-end total…

#financial services#global factoring#i


EBRD participates in capital increase of Araratbank

The EBRD is increasing its capital in privately-owned Armenian bank ARARATBANK by up to (more…)

#bank#financial services#guarantee


Factoring in Egypt – World Factoring Yearbook

Marius Savin, General Manager of Egypt Factors, provides Factorscan with an overview of the Egyptian factoring market covering industry environment,…

#bank#financial services#international


Lenovo and CIT to establish Lenovo Financial Services

Lenovo and CIT Group today signed a letter of intent to establish Lenovo Financial Services (LFS). LFS is a (more…)

#CIT#financial services#leasing


Bibby Financial Services assigns new regional director

Factoring company Bibby Financial Services has named (more…)

#financial services#international#management


Secretary of MSME Ministry voices support for factoring

Secretary of the ministry for MSMEs in India, Dinesh Rai, recently gave his support to the further development of factoring…

#bank#factoring industry#financial services


Coface Finance Australia and RESIMAC reach receivables finance distribution...

Wholesale lender RESIMAC, has reached a distribution agreement for the Receivables Finance services of Coface Finance Australia, a (more…)

#financial services#international#receivables

Late payments costing SMEs almost Ј2 billion a year

Chasing late payments could be costing the UK s small business sector 1.9 billion a year, according to new research…

#financial services#invoice#late payment

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