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Carma Financial Services Corporation (CFS), a provider of business-to-business accounts receivable management services, has announced that it has entered into a definitive agreement to acquire all operations of Legal Credit Recovery. This acquisition will become part of CFS’s receivables management...
#acquisition#financial services#management
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
Standard & Poor's Ratings Service has revised Euler Hermes’ outlook on the core operating entities of the Euler Hermes Group…
#guarantees#insolvencies#insurance
The Chilean unit of French commercial insurer Coface expects profits to grow 30 per cent this year, company executive Louis…
#bank#conference#management
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
CIT Group Inc. today reported net income of US$189.3 million for the quarter ended March 31, 2004. The results for…
#CIT#commercial finance#i
The state-controlled Development Bank of the Philippines (DBP) will launch a new marketplace this month for receivables of small- and…
#bank#banks#IBM
Coface, a Natexis Banques Populaires subsidiary, today announced the acquisition of 100% ownership of the ORT SAS Company and its…
#acquisition#management#receivables
Surecomp, a leading provider of trade finance solutions for the wholesale banking industry has been awarded the 2004 SWIFTReady Gold…
#conference#international#receivables
Carbo plc, the Manchester-based industrial abrasives manufacturer and distributor, announced today that it has successfully concluded an agreement with GMAC…
#commercial finance#funding#invoice
A survey by the US Federal Reserve (The Fed) reveals that a net 22% of US banks saw increased loan…
#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