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international

CIT, Sinopac and C-ME to be Joined in Financing...

The US financing company, CIT, today announced the establishment with Taiwan’s Bank Sinopac and C-ME (Cyber Merchants Exchange) of a tri-party financial platform. This agreement will eliminate the need for letters of credit by allowing exporters in Taiwan to ship...

#bank#exporters#international

Canbank to Introduce Export Factoring Service Today

India’s largest player by market share, Canbank Factors, will be launching their new export factoring service today in Bangalore. Domestic…

#bank#BCR Publishing#international


IFA and Distinctive Solutions Present their Annual Factoring Conference-...

The International Factors Association and the commercial finance software company, Distinctive Solutions, are holding their seventh annual factoring conference in…

#commercial finance#conference#international


Accounts Released for Merchant Trade Finance Limited and Merchant...

Merchant Trade Finance Limited and Merchant Commercial Finance Limited today released their annual accounts for the fifteen months ended 29…

#commercial finance#Deloitte#international


FCI and IFG to Merge

It was revealed to factorscan today that Factors Chain International and International Factors Group are to merge. Details of the…

#BCR Publishing#international#international factoring


Cross-Border Insolvency Initiative Supported by International Institutions

Insol, the body which represents insolvency professionals internationally, has launched a project intended to allow potentially viable businesses to survive…

#bank#insolvency#international


EU Commissioner Calls for Faster Cross Border Bank Transfers

The EU’s single market commissioner, Frits Bolkestein, has today urged EU banks to speed up payments between banks and reduce…

#bank#banks#international


ECGD Develops Export Guarantees for Small Companies

Via its Export Credits Guarantee Department (ECGD) the UK government has launched a new scheme for encouraging small and medium-sized…

#bank#guarantee#guarantees


Euler, 1st Half Figures for 2000

A 7% increase in turnover for the first half 2000 In the course of the first semester 2000, EULER achieved…

#insurance#international#WHO


Finova’s Long and Short Term Debt Ratings Downgraded

The troubled international financial services company Finova Group which last week announced that they would be selling their factoring business…

#Commercial Credit#financial services#international


CIT Commercial Services Forms Alliance with Cyber Merchants Exchange

The US’s largest provider of factoring services, CIT Commercial Services, has announced that it will form a strategic alliance with…

#CIT#CIT Commercial Services#e-commerce


Prime Minister Warns Against Insularity

The Indian Prime Minister, Atal Behari Vajpayee, has told his party that “all of us should realise that globalisation is…

#international#international factoring#investments

SFF Affacteurage and SLIFAC merge to form Eurofactor

France’s second and third largest factors (by turnover and market share) have merged to create Eurofactor, which claims to be…

#commercial finance#international#international factoring

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