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Oldest South-Western Factoring Company De-lists from American Stock Exchange...

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

Vice-Chairman of Eurofactor Comments on Company’s Plunge into the...

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’s Profits Plunge into the Red

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


Peregrine Shares Plunge as they Admit Balance-Sheet Information on...

San Diego’s troubled Peregrine Systems issued bad news after the market closed last Thursday. Before the news was announced, stock…

#management#Paid#receivables


BIG Bank Gdanski Secures Ђ50 million Factoring Contract

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


Credit Management Research Centre’s Research Reveals Reasons for Late...

Fewer businesses are blaming their own systems or disputes and queries as reasons for late payment, according to the latest…

#late payment#management#Two


Non-Bank Financial Institutions Crucial for Stabilising Economic Growth

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 Opens New Manchester Office

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


Amended Late Payment Legislation in Force Today

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 Merge

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


New Appointments at Independent Growth Finance

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 to Announce Quarterly Earnings

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

Businesses Can Claim Compensation on Debt Collection Costs

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

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