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The International Factors Group (IFG), an association for factoring companies, has announced that Brasilfactors SA, a joint venture business incorporated in 2011, has become their latest member. (more…)
Factors Chain International (FCI), the global network of factoring companies, has reported that there was a 20 per cent rise…
Tweet Follow @BCRpublishing The Czech Association of Factoring Companies has released their 2011 factoring market results. Czech factoring companies funded receivables…
#bank#financial services#management
Halkbank, (Peoples Banks) has announced it will establish a factoring company with a capital of TRY 20 million. (more…)
Religare Finvest Ltd (RFL), a subsidiary of Religare Enterprises, is interested in entering the factoring business, according to its CEO.…
Promsvyazbank (PSB) consolidated its position as international factoring leader in the Russian market in the second half of 2011, according…
FIMBank, the Malta-based trade finance specialist, has recently hosted a meeting with the CEOs of all its international factoring joint…
#cash management#emerging markets#international
Texas-based Advance Business Capital (ABC), a for-hire transportation factoring company, has formed a strategic alliance with Triumph Savings Bank that…
#bank#commercial finance#management
Turkish automotive finance specialist, Volkswagen Dogus Finance (VDF), has appointed Muge Tuna as Director of its factoring service. (more…)
#bank#commercial finance#financial services
Raiffeisen Bank Poland has maintained top spot in the Polish factoring market, noting an 18 per cent increase in annual…
#bank#crisis#poland
Factoring turnover of Polish Factors Association (PFA) member companies in 2011 amounted to 67.1 billion zloty, 19 per cent higher than…
PrinSource Capital Co., a Minnesota-based factoring and asset-based lending company, has been sold to North Mill Capital. (more…)
#acquisition#bank#investment
The lower parliament of India, the Lok Sabha, has passed a bill to regulate the factoring industry and help MSMEs…
#assignment#assignment of receivables#cash management