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Rules published this week by the Basel Committee on Banking Supervision in its third and final consultative paper will replace a set of rules from 1988, so-called Basel I. Basel I enshrined a way for banks to assess credit risk,...
#bank#banks#credit risk
Dynamic Commercial Finance plc, specialising in invoice factoring and invoice discounting, produced a profit before tax for the second half…
#commercial finance#i#invoice
Concerned with the inadequate availability of credit to the small-scale sector, Minister of Small Scale Industries, C P Thakur, said…
#bank#banks#Boost
The Better Payment Practice Group (BPPG) has welcomed The Chartered Institute of Purchasing And Supply (CIPS) as its latest member.…
#i#management#payment terms
In a bid to add debt purchasing and surveillance to its local service portfolio, Dutch debt collecting giant Intrum Justitia…
#debt collection#i#management
In order to combat delays in payment in commercial transactions, the Belgian legislator has transposed the EU Directive of 29…
#bank#i#interest rate
A new drive to champion entrepreneurs and inspire youngsters to consider a career in business was launched today by Small…
#awards#funding#i
GE achieved a record $15.1 billion in earnings in 2002, a 7% increase over 2001, and, excluding progress collections, generated…
#commercial finance#economy#i
Cattles Invoice Finance has structured a deal with the Dental Laboratories Association to offer invoice finance facilities to its 900…
#cash-flow#i#invoice
Zones, Inc. (Nasdaq:ZONS), a single-source direct marketing reseller of name-brand information technology products, announced today that it has refinanced its…
#financial services#i#IBM
Lloyds TSB Commercial Finance Limited, the receivables finance division of Lloyds TSB Group plc., has released its Directors’ report and…
#commercial finance#i#receivables
Francisco Abril, the general manager of Spanish factoring company Inter-factor Europa, was given an audience with King Juan Carlos I…
#exports#i#international
WCC intends to acquire all of the issued and outstanding shares of Liquid Capital Corporation, a private, Ontario-based business providing…
#acquisition#i#management