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factoring

GMAC sells UK factoring portfolio

The invoice financing loan book of GMAC Commercial Finance Ltd (UK) has been acquired by Close Brothers Group Plc. (more…)

CEO appointed for factoring joint venture

FactorRus, a factoring joint-venture of Transcapitalbank, Moscow, FIMBank , Malta, and International Finance Corporation (IFC - a member of the…


Factoring firm plans IPO

IFS Capital, a factoring and financing company, has announced plans to raise at least 200 million baht in an initial…


Bibby announces factoring deal for transport firm

Bibby Financial Services has announced that it has provided a $1.25 million facility to a transportation company located in Ontario…

#bank#financial services#funding


Bio-Clean announces factoring agreement

Bio-Clean, a distributor of biodegradable industrial cleaners and restorations products, has secured a credit-line and factoring agreement with Swiss Holding…


Deutsche Bank to purchase ABN AMRO’s factoring portfolio

Dutch state-owned bank ABN AMRO has paved the way for it's merger with Fortis Bank Nederland by announcing the sale…

#ABN AMRO#bank#Deutsche Bank


PS Bank: a factoring ‘big brother’

Acting as big brother institutions, a number of multinational banks are playing an invaluable role in the development of factoring globally. In…


Bibby provide factoring to Colorado plastics firm

Bibby International Trade Finance, a subsidiary of Bibby Financial Services, has announced it is to provide a (more…)

#financial services#international#International Trade


Mvelaphanda Holdings acquires stake in factoring firm

Private BEE investment company Mvelaphanda Holdings has acquired a strategic stake in South Africa-based trade finance firm (more…)

#funding#management#smes


New Civil Code to govern factoring

Upcoming revisions to Hungary s Civil Code will introduce specific regulations on factoring agreements for the first time, Hungarian financial…


Factoring operations increas at Central Bank of Azerbaijan

The Central Bank of Azerbaijan experienced a significant increase in factoring operations this October, with volumes reaching (more…)

#bank#banks#Letters of Credit


China Export Finance to offer factoring in China

Supply chain finance company China Export Finance (CEF) has announced that it has been awarded a factoring license by the…

#exporters#receivables#SAFE

Plans underway to launch Latin American Factoring Federation

Initial plans are underway to form the Latin American Factoring Federation, an association that will represent factors in (more…)

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