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leasing

Factoring takes back seat as demand for reverse factoring...

BCR's World Factoring Yearbook 2016 highlights rapid growth in reverse factoring volumes between 2014 and 2015, in several European countries (more…)

#ALF#factoring statistics#leasing

Crestmark adds new clients in June

Crestmark has announced that it has secured over USD2m in financial solutions for eight new clients in the first half…

#bank#FDIC#leasing


Egyptian Finance Ministry adds factoring to ‘financing activities’

The Egyptian Minister of Finance, Amr Al-Garhi, has issued a decision to add factoring activities to financing activities to increase…

#leasing#liquidity#trade


Turkish factoring sector improving following regulation

A summary of a specialist report from the World Factoring Yearbook 2015 with Hulki Kara detailing the improvements in the…

#factoring industry#leasing#regulation


General Electric set to sell receivables finance businesses

General Electric Company (GE), an infrastructure and financial services company, has announced that it has signed a memorandum of understanding…

#commercial lending#financial services#leasing


Turkish factoring profit increases

Non-banking institutions, including financial leasing, factoring and financing companies, increased their consolidated profit by 16.7 per cent to 1.35bn Turkish…

#financial institutions#leasing


Fidis and Bьrgel cooperate on fraud prevention

Fidis integrates Bьrgel’s information portal into factoring software (more…)

#banks#financial institutions#leasing


Commerce Bank hires Hall

Commerce Bank has announced that Jared Hall will assume the role of Bloomington market president. Mr Hall will join Commerce…

#bank#financial services#leasing


GE shortlists buyers

General Electric has shortlisted many Japanese firms including the leasing units of the banks Sumitomo Mitsui Financial Group and Mitsubishi…

#bank#banks#Goldman Sachs


UK businesses turning to invoice discounting

Figures published by the Bank of England (BoE) showed a fall of GBP5.5bn in outstanding lending to non-financial businesses –…

#bank#Bank of England#banks


Eurofactor AG changes legal form and re-brands

The legal form of Eurofactor AG has been changed and the company renamed as Eurofactor GmbH (more…)

#bank#banks#Clear


Element agrees multi-billion dollar deal with General Electric

Element Financial Corporation (Element) has struck a deal with General Electric (GE) to buy its vehicle-fleet financing businesses in the…

#international#leasing#management

Standard & Poor’s upgrade UNIFIN

Credit ratings agency Standard & Poor’s have upgraded UNIFIN Financiera to a global scale issuer rating of “BB” and a…

#financial services#leasing#risk

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