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A planned merger between Siam General Factoring (SGF) and Advance Finance has been derailed. A source said the deal's collapse stemmed from SGF's controlling shareholder, Wichai Thongtaeng, turning down a proposal by the Bank of Thailand requiring the firm to...
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
EquiFin, Inc. yesterday announced that it has sold its factoring company, Equinox Factors, to Coast Capital Partners. The transaction will…
#interest#management#Two
Jean Laurent, chief executive of CrйditAgricole, France's biggest bank by assets, yesterday said it would hunt for acquisitions to strengthen…
#acquisition#bad debts#bank
Japan's UFJ Bank has announced that it will begin its factoring service for exporters later this month. The bank will…
Chilean state-run bank BancoEstado plans to open a unit specialising in factoring during the second half this year, local press…
Consolidated turnover rose 4.3% to 1,130.8 million euros (1.2% at constant consolidation scope and exchange rates) The loss ratio registered…
D.S.Factoring raised total revenues to record Kc1.4bn last year, up 60 % from 2003, as the company in the year…
Arvato, the printing subsidiary of German media giant Bertelsmann, is planning to take over Infoscore, a German financial service provider,…
#credit risk#financial services#risk