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Ceskoslovenská obchodní banka (CSOB) has acquired from NMB-Heller Holding 50 per cent of factoring company OB Heller and has become the sole owner of the firm. The transaction is being reviewed by the Anti-monopoly office of the Czech Republic. After...
According to data from the Commercial Finance Association (CFA), an asset-based financial services industry group, factoring is catching on again…
#bank#BB&T#commercial finance
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#credit risk#exporters#international
Vijay Vashist, head of factoring services at Emirates Bank , says factoring in the UAE has a rosy future despite…
#bank#international#management
A leading factoring company headquartered in New York City, has announced that, in a rapid expansion scheme, it opened five offices…
#funding#leadership#management
A Dutch factoring and credit management company has adopted BEA Systems' service-oriented architecture to use with its medical factoring process…
The Commercial Services Division of GMAC Commercial Finance (GMAC CF) has closed a collection factoring agreement with Israel-based (more…)
HSBC Qatar will soon launch factoring services that assist businesses with financing against their outstanding invoices for both domestic and…
#bank#international#invoice
The Card Payment Service allows GMAC CF s Collection Services department to accept credit and debit card payments in GBP…
#commercial finance#credit protection#financial services
Peru's BN expects to issue loans to SMEs and microenterprises currently not served by private banks and also enter the…
#bank#commercial lending#funding
The event was organised by HSBC Bank Middle East to promote its factoring services, which were launched by HSBC Bahrain…
The Securities and Exchange Commission (SEC) has ordered Eastern Wire Plc (EWC) and Siam General Factoring (SGF) to disclose details…
#bank#DEC#guarantee
Chile's third largest bank, state-owned BancoEstado expects to achieve a 4-5% market share in the local factoring business by year-end,…
#bank#confirming#international