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State Bank of India today signed an agreement with Societe Generale Asset Management (SGAM) to form a joint venture with the bank's mutual fund arm. With this agreement SGAM would hold 37 per cent stake in SBI Mutual Fund, for...
The aggregate factoring portfolio of Lithuanian banks and leasing firms at the end of September was LTL 590.3 m, up…
Chilean financial group Grupo Security's factoring division holds a 12% market share and pulls in about 26% of the group's…
Over five years AGIO Bank (Kyev) plans to increase its share in the basic segments of the banking market of…
#bank#banks#international
State Bank of India (SBI) formed its factoring company, SBI Factors (SBIF) in collaboration with UBI and SIDBI in 1991.…
#bank#capital requirements#receivables
On October 27th the Central Bank of Russia approved the increase in the share capital of the National Factoring Company…
#bank#insurance#investment
Matthias Kunsch, managing director of HVB Bank Hungary announced that, contrary to earlier plans, HVB did not set up a…
The Small and Medium Enterprise Development Bank of Thailand (SME BANK) has teamed up with Thai Airways International Public Company…
#bank#interest rates#international
According to a statement from the banking regulator SBS, the Peruvian congress has approved a law that allows non-bank entities…
Total factoring turnover in India increased to US$1,427m in 2003, from US$1,367m the year before, according to the global industry…
#bank#global trade#international
Chile's Banco Security is expecting a 10% annual growth in loan placements, boosted by a capital increase from its parent…
"Closing our new factoring agreement marks an important step for Tarrant," said Barry Aved, president and CEO of Tarrant Apparel…
GMAC Commercial Finance is a new player in the Polish market of factoring services. The company plans to conquer one-third…
#commercial finance#insolvency#management