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international

Privatisation of Banca Comerciala Romana to Proceed at Cautious...

It was announced earlier in the month that Romanian authorities had approved the privatisation strategy of Romania’s largest bank, Banca Comerciala Romana, after a year of deferments. However, it is unlikely that further discussions relating to the privatisation programme will...

#bank#banks#BCR Publishing

Exim Director Claims War Could Benefit Indian Factoring Industry

A Finance Ministry official has commented that even though the attack on Afghansistan has not done the economy any good,…

#bank#Exim Bank#exporters


UN Legal Committee Praise UNCITRAL’s Draft Converntion on Assignment...

Speakers at the United Nations General Assembly’s Sixth Committee (Legal) unanimously expressed appreciation for the notable breakthroughs of UNCITRAL in…

#assignment of receivables#insolvency#international


Canbank Factors Record Steady Growth in spite of Economic...

Canbank Factors, India’s largest factor by market share, have released their annual accounts for the year ended 31 March 2001.…

#assignment#assignment of receivables#financial services


North American Factors “Drowning in a Sea of Credit...

An informed source in Canada was speaking to a colleague in an undisclosed Canadian factoring company owned by a major…

#bank#BCR Publishing#business finance


Exim Factoring Venture to Begin Operations in Ten Days

Global Trade Finance Pvt Ltd, the factoring joint venture company of Exim Bank of India, WestLB (Westdeutsche Landesbank Girozentrale) of…

#bank#emerging markets#exporters


Gerling/NCM Joint Venture to Consolidate their European Factoring Presence

Gerling Versicherungs-Beteiligungs-AG (GKB) and Swiss Re have reached an agreement on forming a joint venture between Dutch credit insurer NCM,…

#international#management#receivables


Cutfin Joins FCI

Cutfin, Absa's debtor finance house, has joined the ranks of almost 150 companies in more than 50 countries by becoming…

#international#international factoring#risk


Eurofactor Contributes to Growth of Euler Group

The credit insurer and provider of other diverse financial and management services, Euler group, has recorded a rise of 15%…

#Allianz#international#management


SFO Reports Case of Alleged Defrauders of International Factors...

The Serious Fraud Office has released its annual report which this year records the completion of the case against David…

#bank#international#invoice


WestLB and Exim Team up to Provide Customised Factoring...

Westdeutsche Landesbank Girozentrale (WestLB), Germany and Export-Import Bank of India (Exim Bank) have joined forces to form a joint venture…

#bank#exporters#international


IFG’s AGM Sees New Chairman Elected

During IFG'S AGM held in Vancouver in May, Mr. Dominique Charpentier, CEO of Eurofactors was elected new Chairman of the…

#awards#exports#international

Factoring in Asia Grows 147% in Five Years

The volume of factoring services in Asia, excluding South Korea, grew 147% between 1995 and 2000 according to factors Chain…

#international

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