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A new factoring and forfaiting company has been launched by Hнr Televнziу Rt owner Istvбn Tцrцcskei and Klбra Deбk, who headed CIB Faktor Rt until recently, according to an announcement in Magyar Tokepiac, the State Financial Institutions Supervision's (PSzБF) official...
While small- and medium-sized enterprises (SMEs) still prefer bank loans to regulate cash flow, companies are increasingly turning to alternative…
Siam Commercial Bank yesterday announced that it would set up a new business unit to offer factoring services to small…
Chilean financial services group Grupo Security looks to up profits 20% this year on the back of a 5bn peso…
#Boost#financial services#insurance
Shareholders of Banca Italease, the Italian leasing and factoring group approved the issue of 15.5 million new shares and gave…
Trinsic, Inc., a leading provider of enhanced circuit-switched and IP (Internet protocol) telephony services has entered into an accounts receivable…
The Czech factoring market has grown by some 20% a year over the past three years and the Association of…
#bank#GDP#Two
A planned merger between Siam General Factoring (SGF) and Advance Finance has been derailed. A source said the deal's collapse…
The new owner of Kc40bn disputable claim on CSOB from the times of sale of former bank IPB is Slovak…
#bank#guarantees#investment
General meeting of Slovak Factoring Asociation (SFA) has elected a new director. Miroslav Bernat, general manager and head of board…
#bank#international#management
London-based Netherford Factors Ltd has announced an increase in factoring income of 6% for the year to 30 June 2004.…
#banks#digital#economy
D.S. Factoring, the receivables administration specialist, has announced increased revenues totalling CZK1.4 bn (Ђ47m) in 2004, a year-on-year increase of…
Factoring companies are not new to the Czech market, having been active since the early '90s. However, experts say that…
#banks#exports#GDP