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factoring

Factoring turnover doubles in two years

Over the past two years, the turnover of factoring went up 2.1 times, from LTL 2.672 bn in 2003 to LTL 5.658 bn in 2005.The turnover grew by 56 per cent from 2004, when it stood at LTL 3.628bn, Lithuania’s...

Factoring industry turnover up 12% in Q4 2005 –...

The renewed focus by banks on the small business market should fuel continued growth in the debt financing market this…

#banks#risk#SAFE


FCI's Kohnstamm promotes factoring to help SMEs hampered by...

Despite making its debut in 1985, factoring has not really taken off in Malaysia and is still considered a relatively…


VR Leasing factoring turnover up 27% in 2005

VR Leasing, the subsidiary of German co-operative bank DZ Bank, recorded a 16.6 per cent increase in operating profits to…


HSBC customers attend seminar on trade and factoring

HSBC's corporate clients attended a trade and factoring seminar at the Crowne Plaza Hotel, recently... (more…)


Italian factoring specialist enters agreement on Polish acquisition

The transaction, which furthers the Italian factor's strategy of developing a factoring network in Europe and beyond, will cost it…

#acquisition#Banca IFIS#Italian factoring


BNP Paribas purchases stake in Italy's 2nd ranking factoring...

Paribas, a global banking group operating in 85 countries, has announced that it has entered into conditional agreements with 13…


Factoring CS keeps top spot

Factoring Ceske Sporitelny retains its number one position among the factoring companies in the Czech Republic. Turnover increased to (more…)


New President for Slovak Factoring Association

The presidency of the Slovak Factoring Association (ASF) has passed from VUB Factoring to (more…)


Besleasing e Factoring report 2005 net income up 11%

Banco Espirito Santo (BES) yesterday announced its 2005 results, which show net income (IFRS) reached €280.5 million in 2005, despite…

#international#leasing#smes


Bancolombia buys local factoring company

According to a filing to the local stock exchange, Colombia's largest bank Bancolombia has bought a 98.57% stake in the…

#bank#leasing#Two


Factoring for cross-border clients: Eurofactor and European Pass

No one will deny that the demand for factoring to help finance businesses has been growing rapidly for several years. …

Charterhouse's factoring arm posts '05 loss

The factoring arm of Charterhouse Finance plc has posted a pre-tax loss of £224,736 for the period April 2004 to…

#cash-flow#commercial finance#invoice

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