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Czech factoring companies financed purchase of claims for CZK50.3bn in H1, a year-on-year rise of 13.6 percent, according to data of the Association of Factoring Companies (AFS). (more…)
#economy#financial services#import factoring
The acquisition will consist of market expansion for the former private finance company, Hidalgo Corp (which will hereafter operate as…
#acquisition#bank#banking services
Michel Mollard, Member of the Board of Management at Euler Hermes, provides Factorscan with an insight into the changing credit…
#bank#financial services#international
According to a Sky News exclusive, HSBC Holdings plc, the financial services corporation incorporated and headquartered in the UK, is…
#bank#banks#financial services
Bibby Financial Services (BFS) has seen an uptick in apparel companies that are seeking factoring facilities to fund growth. (more…)
#cash-flow#financial services
The Agricultural Bank of China (ABC) and Rabobank Group (Rabobank) have signed a Memorandum of Understanding (MOU) to establish a…
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
The EBRD is increasing its capital in privately-owned Armenian bank ARARATBANK by up to (more…)
#bank#financial services#guarantee
Marius Savin, General Manager of Egypt Factors, provides Factorscan with an overview of the Egyptian factoring market covering industry environment,…
Lenovo and CIT Group today signed a letter of intent to establish Lenovo Financial Services (LFS). LFS is a (more…)
#CIT#financial services#leasing
Factoring company Bibby Financial Services has named (more…)
#financial services#international#management
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
Wholesale lender RESIMAC, has reached a distribution agreement for the Receivables Finance services of Coface Finance Australia, a (more…)
#financial services#international#receivables