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Complications in the issuing of factoring licenses in Russia are presenting obstacles to local factors looking to develop financial services in the country. (more…)
The crisis at Latvia's Parex Bank is evidently having a knock-on effect, with its Azeri subsidiary PLF temporarily closed to new business. (more…)
#bank#bankruptcy#banks
Factoring remains a minor financial instrument in the country, and one that is still in the hands of banks. (more…)
#banks#Two
Despite factors associated with Barneys withdrawing further funding, Dubai-based owners Istihmar claim all is well at the upmarket retailer. (more…)
FREE ACCESS ARTICLE:Factorscan talks with Stephanie Pellet, European Commercial Manager at Eurofactor Group, about how best to develop services across…
ForFact Export Factoring become the latest factor to join the German Factoring Association. (more…)
#factoring industry#German Factoring Association#international
Two US factors have refused to provide funding to Barneys after claiming that the comapny is providing insufficient information on its…
#credit risk#funding#liquidity
Simon Peterman, Factoring Manager with Raifeissen Bank, Austria talks with Factorscan about the development of factoring services in the region.…
The crisis has been a period of opportunity for the Bulgarian factoring market. (more…)
#crisis#financial services#risk
Mihaela Dimitriu, Director of BRD Groupe Societe Generale, examines the state and development of the Romanian factoring industry. (more…)
The sale of Capital TempFunds positions Capital Business Credit to concentrate on significant market opportunities in its core factoring business…
#commercial finance#credit protection#funding
Despite reporting a decrease in net profit, National Factoring Company has paid off the syndicated loan facility arranged by Standard Bank Plc and…
#bank#cash management#international
Factorscan talks to Edin Hadzimusic, Head of Factoring within IGA, the Bosnian government's Export Credit Agency about factoring in Bosnia…
#bank#interest rates#invoice