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The State Bank of Vietnam (SBV), Vietnam's central bank, has allowed the US Far East National Bank (FENB) to provide factoring services for local enterprises, becoming any the second foreign bank carrying out the service after the German Deutsche Bank....
#bank#banks#Deutsche Bank
There are ten factoring companies in Hong Kong; they had a total turnover of Ђ3.25bn in 2003, according to Factors…
#bank#global trade#international
The factoring industry in the UK has matured significantly in recent years. But for the UK factors, who already purchase…
#bank#commercial finance#conference
Atos Origin, a leading international information technology (IT) services company, and Fidis, a German provider of financial software & services,…
#guarantees#international#management
US Bank Business Credit is the agent of a US$25m senior secured credit facility to ACN, a reseller of telecommunication…
#bank#cash management#management
Wells Fargo Business Credit’s factoring division has named Amy Cartwright as business development officer. Cartwright will provide an accounts receivable…
#Business Development Manager#financial institution#management
Revamp for increased, sustainable profitable growth Focus on core credit insurance business Divestment of business lines lacking mass and/or profitability…
#Atradius#debt collection#management
GMAC Commercial Finance (GMAC CF) has announced the appointment of Paul Morgan to its Manchester office, where he will be…
#cash-flow#commercial finance#invoice
The Export-Import Bank of Thailand (EXIM) registered a net profit of 125m baht (US$3m) for the third quarter of 2004,…
#3M#bank#interest
State Bank of India (SBI) formed its factoring company, SBI Factors (SBIF) in collaboration with UBI and SIDBI in 1991.…
#bank#capital requirements#receivables
Potential Finance Group PLC (PFG) has appointed Colin David Swanston as managing director of Potential Asset Finance Limited (PAF) to…
#business finance#commercial finance#funding
Coface UK, a leading provider of credit solutions for business, has strengthened its client offering by merging the teams dealing…
#channel#international#management
Capital Factors will receive a US$10.8m settlement from one defendant in a lawsuit in which it claims that customers defrauded…
#international#leasing#receivables