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A survey by the US Federal Reserve (The Fed) reveals that a net 22% of US banks saw increased loan demand from small business over the last three months. Results also show that a net 11% of local banks reported...
#banks#receivables#small business
United Finance Company SAOG (UFC), one of the fastest growing non-banking financial institutions in Oman and the Middle East, has…
#bank#financial institutions#leasing
VUB Bank – a member of Gruppo Banca Intesa – through its subsidiary VUB Factoring, has been providing its clients…
#bank#cash-flow#debt collection
Euler Hermes, the credit insurance unit of Assurances Generales de France (AGF), said it has acquired full ownership of Finland's…
#insurance#receivables#risks
Lesco Inc. (Nasdaq: LSCO) has completed the restructuring of its debt. Lesco said the restructuring includes the sale, for US$58…
#bank#bank loan#conference
Mexican transport conglomerate Grupo TMM has closed a further US$25 million of certificates under a receivables securitisation programme, worth a…
#bank#commercial finance#receivables
Whitehall Jewellers Inc. said on Thursday that it had fired chief financial officer Jon Browne as a result of an…
#factoring fraud#receivables#SEC
Mizuho Corporate Bank, a unit of Mizuho Financial Group Inc., has formed an alliance with the Bank of China in…
#bank#Bank of China#receivables
The Portuguese government has introduced several changes to the 1999 Securitisation Law with a view to improving the domestic securitisation…
#capital requirements#management#receivables
The Chamber of Deputies has approved a bill granting invoices executive status, which forces payment without the need for long…
#guarantees#invoice#receivables
A VAT Act amendment has passed into law that will increase VAT rates for selected services as of 1 January…
#debt collection#financial services#receivables
In December, Mizuho Corporate Bank, a unit of Mizuho Financial Group Inc, will begin buying Chinese receivables from Japanese companies…
#bank#banks#receivables
Jewellery-store chain Friedman's Inc. said Thursday (2 October)the U.S. Justice Department is investigating a dispute over accounts receivable. Nearly three…
#account receivables#receivables