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international

London Scottish Bank mulls fire sale of invoice business

London Scottish Bank (LSB), the debt collection and finance group, is considering the disposal of its invoice finance business. (more…)

#bank#debt collection#international

OQIC joins hands with credit insurance major Euler Hermes

Oman Qatar Insurance Company (OQIC) has joined hands with Euler Hermes, to provide trade credit insurance solutions in the Sultanate.…

#guarantees#international#International Trade


Turnover of Swiss factoring companies rose by 26%

Turnover of Swiss factoring companies rose in 2007 by 26 % to CHF4,1 bn. (more…)

#international#receivables


Leumi in factoring joint venture talks with Coface

Bank Leumi is reported to be in advanced talks to set up a joint factoring company with Coface. (more…)

#bank#exporters#international


New FCI members in Armenia and Portugal

FCI has announced that its network has further extended to include Armenia and Portugal. (more…)

#bank#international#international factoring


World economic crisis may affect Russia's export majors

According to RIA Novosti, the current turmoil in the global financial markets may impair development opportunities for Russia's major exporters…

#exporters#exports#international


Fed slashes rates

The Federal Reserve on Tuesday moved to ease fears of a US recession by slashing interest rates by 75 basis…

#funding#interest rates#international


FCI announces new member in Peru

During a recent meeting of the FCI Executive Committee Secretariat in Amsterdam, Banco Internacional del Peru, Peru was admitted as…

#Executive Committee#exporters#international


Global Report: Factoring in Argentina 2007/2008

Veronica de Ana, Credit Manager Nacion Factoring S.A. gives the overview of factoring in Argentina for the forthcoming year. (more…)

#bank#international#management


CIT Reports Fourth Quarter Results

CIT Group Inc. (NYSE: CIT) today reported a net loss of $130.7 million, or $0.69 per share, for the fourth…

#bank#commercial finance#financial services


Bibby Financial Services announces appointment of CEO North America

Bibby Financial Services has announced the appointment of Stewart Chesters as Chief Executive Officer for the North American division. (more…)

#financial services#funding#international


Coface, Islamic Corporation to upgrade trade credit coverage

Coface has announced that it has reached a co-operation agreement with the Islamic Corporation for the Insurance of Investment and…

#bank#international#management

Small business owners have more choices for working capital

The Interface Financial Group, announced the opening of new US Interface offices. (more…)

#financial services#international#invoice

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