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factoring

Second foreign bank enters factoring market in Vietnam

The State Bank of Vietnam (SBV), Vietnam's central bank, has allowed the US Far East National Bank (FENB) to provide factoring services for local enterprises, becoming any the second foreign bank carrying out the service after the German Deutsche Bank....

#bank#banks#Deutsche Bank

North Little Rock factoring company’s law suit accuses Tennessee...

A North Little Rock based factoring company filed a civil suit in US District Court for the Eastern District of…


Firms increasingly loom to Hong Kong for factoring

There are ten factoring companies in Hong Kong; they had a total turnover of Ђ3.25bn in 2003, according to Factors…

#bank#global trade#international


Factoring group seeks external growth

Italian factoring group Banca Ifis intends to pursue external growth by acquiring another Italian group, says its chief executive Giovanni…

#Banca IFIS#bank#international


HSBC regional expands factoring services

HSBC Middle East will take its factoring services business to Bahrain and Qatar this year following a doubling of the…


Factoring Ceskй Sporitelny with turnover Kc22.5 bn became a...

Total turnover of Factoring Ceskй Sporitelny increased by almost 40 per cent last year and reached Kc22.5 bn., with a…


Continued growth in 2004 for Dresdner Factoring

German financial services provider Dresdner Factoring achieved further growth in 2004. In comparison to the previous year, loan turnover increased…


Factoring services up 20% in 2004

The Chilean factoring industry moved US$5.5bn in 2004, a 20% increase compared to the previous year. Growth of similar rates…

#factoring industry#international#international factoring


Emirates Bank Factoring goes global – now a member...

Emirates Bank has become the only local bank in the UAE to become an accredited member of Factors Chain International…

#bank#exporters#international


EFG Eurobank announces managerial changes for factoring expansion

EFG Eurobank Ergasias on Monday announced a series of management changes as part of a strategic plan to expand activities…


S Korea's Exim bank to offer factoring to exporters

State-run Export-Import Bank of Korea said Monday it will provide 500 billion won (US$488m) this year to local exporters by…

#bank#credit risk#exporters


First M&F Corp. reports improved earnings in 2004 despite...

First M&F Corp. reported today that net income for the quarter ended December 31, 2004 was US$2.640 million, or US$.58…

Two banks propose entering factoring, leasing sectors

The Peruvian banking regulator SBS is currently studying requests submitted by two local financial institutions interested in the factoring and…

#banks#financial institutions#leasing

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