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KBK Capital Corporation, which provides business credit to middle-market companies, announced that, as of the close of business on September 19, 2002. Its common stock has ceased trading on the American Stock Exchange and the Pacific Exchange. KBK is a...
#bank#commercial finance#management
Philippe Zamaron, vice-chairman of the board of management at Eurofactor in France spoke to BCR to explain why Eurofactor has…
#insurance#interest rates#management
Eurofactor, the factoring subsidiary of French credit-insurance group Euler & Hermes, has seen its profits plunge into the red, down…
#Allianz#bad debts#interest rates
San Diego’s troubled Peregrine Systems issued bad news after the market closed last Thursday. Before the news was announced, stock…
#management#Paid#receivables
The Management Board of BIG Bank GDANSKI S.A. ("the Bank") announced that on 29 August 2002, FORIN Sp. z o.o.…
#bank#factoring contract#management
Fewer businesses are blaming their own systems or disputes and queries as reasons for late payment, according to the latest…
#late payment#management#Two
Developing non-bank financial institutions is crucial for stable economic growth in the future, according to Prasarn Trairatvorakul, the secretary-general of…
#bank#banks#management
Bibby has opened a new company in the recently regenerated Salford Quays. Bibby Factors Manchester will be headed up by…
#bank#business finance#financial services
A new package of measures to combat late payment - including allowing businesses owed money to claim up to Ј100…
#bank#Bank of England#forum
Banco Santander Chile and Banco Santiago merged last Thursday. The merged bank has been named Banco Santander-Chile. Banco Santiago is…
#Banco Santander#bank#financial institution
Independent Growth Finance has announced three new appointments this week. To further strengthen its midlands team, the company has appointed…
#bank#commercial finance#IGF
CIT Group Inc. will be issuing its financial results for the quarter ended 30 June 2002, before the market opens…
#CIT#CIT Commercial Services#conference
As of 7 August 2002, businesses owners and managers will be entitled to seek financial compensation for the inconvenience of…
#debt collection#late payment#management