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Portfolio quality showed mixed results: Receivables over 90 days matched its low for the year, while average losses increased slightly over the prior month (more…)
#bank#CIT#commercial finance
A $170-million malpractice suit against BDO Seidman kicked off in a Miami court last week. The lawsuit, brought by Portuguese…
#bank#bankruptcy#financial services
Turnover of NLB Factoring, a company focused on receivables financing, rose according to the preliminary results by 22% to (more…)
#receivables#receivables financing
The new financial arrangements provided by RBS Invoice Finance will support Eddie Stobarts' continued growth plans and assists the company's…
#bank#funding#invoice
HSBC Holdings unit Hongkong and Shanghai Banking Corp said it has agreed to buy Chailease Credit Services Co Ltd, Taiwan's…
#acquisition#bank#receivables
DLA Piper has strengthened its London finance and projects practice with the appointment of partner who specialises in asset-based lending and…
#bank#international#receivables
The new general manager of credit insurance company Atradius Credit Insurance N.V. in the Slovak Republic has been named as (more…)
#Atradius#insurance#receivables
Financial services company VUB Factoring estimates the volume of receivables it refinanced to have increased by about (more…)
#financial services#receivables
Cattles PLC said in a trading statement that it is on track to deliver double-digit profit growth for the full…
#i#receivables
The Vietnam Export-Import Bank, or Eximbank, has been approved by the central bank to provide factoring services after (more…)
#bank#banks#interest rate
Coface do Brasil will end 2006 with close to reais 3m in premiums, which represents a 50% market share (more…)
#3M#bank#banks
International Factors Group has announced its continued expansion with the (more…)
#commercial finance#Efcom#financial services
French credit insurer Coface will start offering factoring services in Japan this month, the first time it has provided this…
#insurance#international#receivables