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After several years of stability and consistency in the global markets, the sub-prime real estate crisis that occurred midway through 2007 sent a shockwave through the world’s banking and financial sector. (more…)
#ABN AMRO#bank#commercial finance
Scotiabank will be routing in $5 million as equity capital in its proposed non-banking financial services company to be set…
#bank#financial services#international
A new programme at asset-based lender Resource Management is offering former financial employees training in factoring. (more…)
#alternative lending#bank#commercial finance
According to the latest report by the Bank of China export factoring plays a vital role in its offshore export…
#bank#Bank of China#banks
Over the first nine months of 2008 Crédit Agricole S.A. registered 16% growth in factoring (more…)
#Credit Agricole#economy#receivables
Six defendants will face trial on 30 March after being charged with money laundering and defrauding the Royal Bank of…
#bank#factoring fraud#fake invoices
Kate Sharp, Chief Executive of the ABFA, presents an in-depth review of the UK factoring industry (more…)
In a recent interview Philippe Lhotte, Chairman and CEO of Société Générale Expressbank, shared the banks plans for 2009 (more…)
Israel Credit Cards-Cal Ltd. is in advanced negotiations with Psagot Financing and Factoring Ltd. to set up a jointly owned…
#trade#trade financing
The EBRD has made its first factoring transaction in Russia by lending to Credit Bank of Moscow (more…)
Liabilities of the National Factoring Company Bank for the payment of coupon yield on series 03 interest-bearing bonds have been…
In H1 2008, Eurokommerz maintained its leadership in the Russian factoring market, according to Expert Rating Agency's research published today…
#banks#leadership#Two
More expensive credits and companies limited access to banking loans will lead to a 30% advance of the factoring market…