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factoring

Bulgarian government hires foreign factoring company to recover debts

The Bulgarian government has been advised by Parliament to acquire the services of a foreign factoring agency to recover debts owed to Bulgaria from other countries.   As a direct result of the Bulgarian Communist Party’s funding of military regimes from...

#funding#management

Romanian Bank for Development nets profits from domestic factoring...

Factoring activities of the Romanian Bank for Development (BRD) have increased by 200% in comparison to the same period last…

#bank#insolvency#international


The joint stock Asia Commercial Bank (ACB) launches factoring...

On May 11 ACB launched its factoring and 'Call Center 24/7' services. ACB is one of the leading joint stock…


EquiFin Receives Return of Factoring Company

Equifin have received the return of the stock of Equinox Factors, Inc from Coast Capital Partners as provided under the…


Factoring group to acquire Eurofactor

Transfact, the factoring division of French banking group Credit Agricole, will incorporate sister company Eurofactor on 1 October, with the…


New factoring company launched

A new factoring and forfaiting company has been launched by Hнr Televнziу Rt owner Istvбn Tцrцcskei and Klбra Deбk, who…


Factoring in the Czech Republic increases in popularity

While small- and medium-sized enterprises (SMEs) still prefer bank loans to regulate cash flow, companies are increasingly turning to alternative…


Siam Commercial Bank to launch factoring services

Siam Commercial Bank yesterday announced that it would set up a new business unit to offer factoring services to small…


Grupo Security seeks 20% profit growth on factoring investment

Chilean financial services group Grupo Security looks to up profits 20% this year on the back of a 5bn peso…

#Boost#financial services#insurance


Factoring group shareholders authorise IPO

Shareholders of Banca Italease, the Italian leasing and factoring group approved the issue of 15.5 million new shares and gave…


Trinsic announces factoring relationship with Thermo Credit

Trinsic, Inc., a leading provider of enhanced circuit-switched and IP (Internet protocol) telephony services has entered into an accounts receivable…


Demand for factoring services rising in Czech Republic

The Czech factoring market has grown by some 20% a year over the past three years and the Association of…

#bank#GDP#Two

Siam General Factoring merger plan tipped to have collapsed

A planned merger between Siam General Factoring (SGF) and Advance Finance has been derailed. A source said the deal's collapse…

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