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The world s biggest retailer, Wal Mart, has launched a reverse factoring service for suppliers whose funding could be affected by the recent bankruptcy of CIT Group Plc. (more…)
ANZ Bank (Vietnam) Ltd. has been permitted by the State Bank of Vietnam to conduct factoring operations in the region.…
#ANZ#bank#crisis
The Botswana government pledged its support to factoring companies, in a speech made to a High Level Consultative Council last…
Banco Popolare are in talks with Barclays Plc to sell the factoring division of its leasing unit Banca Italease, La…
#asset management#bank#leasing
Interface Financial Group have become the second factor this week to offer invoice finance services to CIT Group customers (more…)
Punjab National Bank today signed a joint venture agreement for a commercial finance subsidiary. (more…)
Factoring was dubbed an essential tool for preventing insolvencies amongst Hungary SMEs at a financial conference held in Budapest. (more…)
#bank#conference#insolvency
The owner of a small construction business based in New Port Richey, Florida has pleaded guilty to defrauding private factoring…
Santander Corporate Banking have acquired independent factoring firm (more…)
With the withdrawal of three UK factors from various aspects of the international offering Barclays from import factoring, GMAC from…
#bank#financial services#international
Millennium Bank has launched a factoring service in Romania. The Portuguese bank, (more…)
#bank#invoice#risk
Garanti Factoring have announced their figures for the third quarter (more…)
Turkish corporate venture capital company Hiyat Holding have announced the launch of factoring subsidiary (more…)
#crisis#factoring industry#smes