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GMAC Commercial Finance announces credit card payment service for...

The Card Payment Service allows GMAC CF s Collection Services department to accept credit and debit card payments in GBP for (more…)

#commercial finance#credit protection#financial services

Banco de la Nacion to begin SME lending in...

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


HSBC Bahrain event promotes factoring service

The event was organised by HSBC Bank Middle East to promote its factoring services, which were launched by HSBC Bahrain…


Siam General Factoring asked for details of EWC loan...

The Securities and Exchange Commission (SEC) has ordered Eastern Wire Plc (EWC) and Siam General Factoring (SGF) to disclose details…

#bank#DEC#guarantee


BancoEstado aims for 4-5% market share in factoring by...

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


Finally, a reversal of fortunes for factoring in Europe?

Sluggish growth and lukewarm sales could be a thing of the past for the European factoring industry, according to the…


Banca Lombarda predicts leasing and factoring income up 20%...

 In a presentation of Banca Lombarda's 2006-2008 business plan, Faissola said loans made by the group's (more…)

#acquisition#bank#leasing


New factoring joint venture announced

The factoring bank will be focused on Germany's mid-sized businesses (more…)

#bank#Commerzbank


Factoring in the Czech Republic – Jirн Matula, Transfinance

The Czech financial industry has changed significantly in recent years. Having suffered considerable losses due to their support of the…

#bank#bank loan#regulation


Thai Factor Association calls for legal framework for factoring...

The Thai Factor Association (TFA) has called on the Finance Ministry to establish a legal framework for the factoring business.…

#bank#interest rates#international


CIT looking for European factoring acquisitions

CIT Group Inc., one of the largest US commercial and consumer lenders, is actively looking to acquire a European company…


Factoring comes of age in the Middle East

Asset finance products such as factoring are starting to take off in the Middle East despite continued concerns over (more…)

EBRD invites proposals for factoring advisory services for banks...

The European Bank for Reconstruction and Development (EBRD) intends to engage a consultancy firm to assist the selected issuing banks…

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