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factoring

Factoring, currency and the Balkans

Factorscan examines the situation faced by factors in Bosnia and Herzegovina, Serbia and Slovenia and asks what impact the euro and currency fluctuations have had upon the region and how international and domestic factoring is faring in the downturn. (more…)

Government Savings Bank launches factoring offering

The Government Savings Bank expects its new factoring services for small and medium-sized companies to help add liquidity to the economy.…


Sterling Bancorp acquires US factoring business

Sterling Factors Corporation agrees to acquire substantially all the businesses of DCD Capital, LLC and DCD Trade Services, LLC. (more…)


Factoring in Latin America – Nicaragua

Ernesto Conrado Karim, General Manager at Afinsa Factoring, one talks to Factorscan about the history of factoring in Nicaragua, what…


VTB entering Russian factoring market

VTB Group announced their expansion into yet another financial field, saying it will begin buying up struggling firms' accounts receivable…


Factoring continues to grow in spite of downturn

Factoring is still growing by as much as 80 per cent in some developing countries despite the economic crisis. (more…)

#bank#banks#global trade


Revocation of factoring licence passes parliament

A move to remove the need for factors in Russia to operate with a licence has been passed by the…


Factoring in Latin America – Colombia

Factorscan talks with Laura Cristina Otoya Tono, International Director at Factoring Bancolombia, about developments in the Colombian factoring market, unique…

#bank#financial services#interest rates


Maroc Factoring takes up Codix software

Codix captures Maroc Factoring's interest. (more…)

#CODIX#interest#receivables


Italease’s factoring assets to be disposed in the next...

Italease s main shareholder Banco Popolare announced that it will launch a buyout offer for the troubled bank. (more…)

#acquisition#bank


Fitch cuts Russian Factoring No 1 To C

Fitch Ratings has today downgraded the rating on the senior notes issued by Russian Factoring No. 1 S.A. (the issuer)…

#liquidity#receivables#risk


Czech factoring market – article from World Factoring Yearbook...

Tomas Moravek, Chairman of the Board and General Manager, CSOB Factoring, a.s. (more…)

#bank#exporters#exports

Review of the Chinese factoring industry

Jiang Xu, Head of Factoring within the Global Trade Services Department of the Bank of China, provides an overview of…

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