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The Banking Association Debtor Financing Committee has released South African members’ factoring industry statistics for the year to 31 December 2004 showing members’* clients’ sales of ZAR72.8bn (US$11.8bn), an increase of 29.7% compared to 2003. In 2004 domestic invoice discounting...
#bank#international#invoice
Maybank aims to achieve 14 per cent loan growth for the small- and medium-sized enterprise (SME) sector this year, executive…
#alternative financing#bank#cash management
Fortis and Disbank's majority shareholders - Dogan Group, Dogan family and two funds - yesterday signed an agreement by which…
#bank#international#management
CIT Group Inc., a leading provider of commercial and consumer finance solutions and SunTrust Banks, Inc. announced that CIT has…
#bank#CIT#commercial finance
Alliance Trade Finance Limited, the London-based transaction-based finance provider, has announced a pre-tax profit of Ј267,383 for the year to…
#insurance#invoice#management
HSBC Indonesia plans to increase its loans to small- and medium-sized enterprises (SMEs) to as much as Rp 450 billion…
#bank#management#smes
Coface UK, a leading provider of credit solutions for business, is championing the success of UK companies to promote local…
#awards#international#management
CapitalSource announced that it has provided a US$95m revolving credit facility to SETECH, an integrated supply and inventory management services…
#management#working capital
Perry Capital LLC, an investment management firm with approximately US$11bn under management has reached agreement to acquire the business and…
#bank#commercial finance#international
Due to sheer volumes, most of the emphasis seen in banking-related journals tends to concentrate on pure payments processing (sometimes…
#cash management#guarantees#international
One of the country’s largest financial service providers, Cleveland-based National City Corp., is opening its first corporate banking office in…
#commercial lending#international#leasing
The new owner of Kc40bn disputable claim on CSOB from the times of sale of former bank IPB is Slovak…
#bank#guarantees#investment