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The Export-Import Bank of Thailand (EXIM) registered a net profit of 125m baht (US$3m) for the third quarter of 2004, down 39.32 per cent from 206m baht in the same period last year. The third quarter results, however, were a...
#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
Credit insurer Coface UK's latest product launch includes the provision for exporters to shield themselves against bad debts. The financing…
#bad debts#exporters#receivables
GMAC Commercial Finance is a new player in the Polish market of factoring services. The company plans to conquer one-third…
#commercial finance#insolvency#management
Ultimate Finance Group PLC halved its pre-tax loss in the year to 30 June to Ј338,609 from Ј663,083 on a…
#commercial finance#i#invoice
The Philippine Export-Import Credit Agency (PhilEXIM) plans to enhance the insurance protection given to local exporters against risks of nonpayment…
#bank#export credit insurance#exporters
French insurance group Coface plans to open an insurance subsidiary in Brazil this year or in the beginning of 2005…
#AIG#management#receivables
Subscribers to factorscan can now read the Country Reports from the forthcoming edition of the World Factoring Yearbook 2004. The…
#bank#receivables#World Factoring Yearbook
The popularity of factoring and invoice discounting as a financing option in Ireland has continued to grow as industry turnover…
#invoice#receivables
New loans are being made available to small- and medium-sized enterprises (SMEs) which have been suffering from a drought of…
#banks#management#receivables