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receivables

OB Heller Factoring announces first half 2004 results

Turnover of OB Heller Factoring, a.s. Bratislava reached Sk2.2bn in the first half of 2004. The company predicts that turnover will reach Sk5.2bn at the end of the year. According to Peter Dudak, a member of the board of directors,...

#receivables

Bank to expand exim trade financing

Addressing the members of Bharat Chamber of Commerce here recently, Mr Rajeev Bhargava, head of Trade Services, said that HSBC…

#bank#exports#receivables


Enterprise Finance Europe help client with invoice discounting solution

A successful relationship between City-based receivables finance specialists, Enterprise Finance Europe (EFE), and new Oxfordshire-based client, Jonathan Crisp, has provided…

#cash-flow#invoice#management


Mizuho Bank to offer securitisation of receivables to SMEs

Mizuho Bank, part of the Mizuho Financial Group, will launch a comprehensive securitisation service for midsize companies, aiming to increase…

#bank#receivables#securitisation


Karaoke machine maker to consider factoring

The Singing Machine Company, a maker of consumer-oriented karaoke machines in the US, has said it will look to selling…

#capital requirements#management#receivables


Credit insurer and factor back to profitability

Atradius, the credit insurance and credit management firm, with an estimated 25 per cent world market share, has reported a…

#Atradius#management#receivables


Dishman closes receivables-backed securitisation programme

Dishman Pharmaceuticals and Chemicals on June 22, 2004, announced closure of its estimated $22 million debt issue programme. This issue…

#debt facility#funding#receivables


Top 10 factors assets total Ps 10,446

Following the 1994-95 peso crisis, factoring firms (empresas de factoraje financiero) struggled to restructure their own debt and faced portfolios…

#banks#crisis#non-recourse factoring


Carma Financial Services Corporation acquires debt recovery firm

Carma Financial Services Corporation (CFS), a provider of business-to-business accounts receivable management services, has announced that it has entered into…

#acquisition#financial services#management


Credit insurance market under performing

Chile's first quarter credit insurance sales reached 928.5m pesos (US$1.4m), an 18.2% increase over the 785.6m pesos posted in the…

#insurance#management#receivables


Credit insurer Euler Hermes' outlook revised

Standard & Poor's Ratings Service has revised Euler Hermes’ outlook on the core operating entities of the Euler Hermes Group…

#guarantees#insolvencies#insurance


Coface unit forecasts 30 per cent increase in profits

The Chilean unit of French commercial insurer Coface expects profits to grow 30 per cent this year, company executive Louis…

#bank#conference#management

SIDBI focusing on direct finance for SSIs and SMEs

The creation of an exclusive fund for small- and medium-sized enterprises (SMEs) and the outsourcing opportunities available to small-scale industry…

#bank#interest rate#receivables

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