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Factoring volumes in Chile declined significantly in the wake of last month s 8.8 magnitude earthquake, Chairman of Chilean factoring association ACHEF (more…)
#factoring industry
Factoring customers are beginning to return to CIT Commercial Services, according to a recent statement by CIT Group Vice Chairman…
#bankruptcy#CIT#CIT Commercial Services
GMAC could be about to sell its factoring division to Wells Fargo, Bloomberg has reported. Citing two people with direct…
BNL-Group BNP Paribas, Ifitalia and Fincantieri have signed a reverse factoring agreement, which (more…)
#bank#cash-flow#economy
Izola bank is to launch a five-year 7 million secured bond issue, the proceeds of which will be used to…
China factoring is expected to decline for the first time in 2010, as measures to combat overheating impact upon the…
#bank#Bank of China#global trade
Promsvyazbank s (PSB) factoring portfolio totalled 26.4 billion rubles - equivalent to (more…)
The South African Minister of Trade and Industry on Friday released its Industrial Policy Action Plan (IPAP) (more…)
The EIB s UK funding initiative has been criticised as limiting by Bibby chief executive Edward Rimmer. (more…)
#liquidity#recession#small business
Spanish factoring volumes dropped by 3.09 per cent last year, with total assignments falling from (more…)
#confirming#funding#international
Garanti Factoring experienced a significant 42 per cent earnings increase in 2009, reporting a net profit of (more…)
#crisis#economy#international
The German Factoring Association, Deutscher Factoring-Verband (DFV), experienced its first decrease in factoring volume since (more…)
Factoring turnover in Poland grew 6.6 percent in 2009, despite (more…)
#banks#factoring industry#non-recourse factoring