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GE Commercial Finance eyes up Resona’s leasing businesses

Resona Holdings Inc, the Japanese bank that received a US$16.3 billion government bailout, has hired Nomura Holdings Inc. to find buyers for Cosmo Securities Co. and three leasing businesses as it bids to cut costs, according to insiders. General Electric...

#bank#commercial finance#management

Greenfield Commercial Credit (Canada) Inc. announces it has acquired...

Greenfield Commercial Credit (Canada) Inc. (Greenfield Canada) announced today (6 August) that it has acquired a portfolio of seven factoring…

#acquisition#Commercial Credit#management


Hosoya to to put SME bank Resona on the...

When Eiji Hosoya, the new chairman of Resona, first saw the swooping R of the bank's logo, it reminded him…

#bad debts#bank#management


New quality standards for SMEs to increase export potential

A new form of cooperation is emerging between small businesses in Israel, Lebanon, Syria, the Palestinian Authority, and other Mediterranean…

#management#small business#small businesses


Factors and Discounters Association to discuss education courses for...

At the last Institute for Factors and Discounters of Australia and New Zealand (IFD) meeting, members discussed the possibility of…

#management#WHO


Report claims recent late payment legislation is largely unenforceable...

An article by Graeme Forbes, head of corporate finance at Grant Thornton The business outlook for small- and medium-size enterprises…

#bank#Bank of England#invoice


Independent Growth Finance expands further in the West Midlands

Independent Growth Finance (IGF) continues to grow its team in the Midlands with the appointment of Mike Bailey as regional…

#bank#IGF#insolvency


CIT Group names new president and reorganisation of senior...

CIT Group Inc (CIT) has announced that from 3 September 2003 Jeffrey M. Peek will become the company's president and…

#CIT#Credit Suisse#financial services


Equifax warns businesses that re-verification of existing customers is...

Leading information provider, Equifax, is warning financial organisations that the burden of money laundering on businesses will not be reduced…

#anti-money laundering#management#regulation


JSE names Investec as adviser on SMEs to list...

The JSE Securities Exchange South Africa (JSE) has announced that Investec Corporate Finance will be the first adviser to select…

#Investec#management#security


IFCT has 12 weeks to develop bank plan –...

The Industrial Finance Corporation (IFCT) has been given three months to complete a study on ways to transform the special-purpose…

#bank#financial institution#management


Coface can take the risk out of trading

By merely presenting a prospective partner's business card to Coface Services (Thailand) Co Ltd, an exporter can get an idea…

#bank#exporters#guarantees

World Bank approves US$225m for development of African SMEs

The World Bank Group has approved US$225 million for the growth and development of small- and medium-scale enterprises (SMEs). The…

#bank#international#management

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