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On October 27th the Central Bank of Russia approved the increase in the share capital of the National Factoring Company Uralsib-NIKoil from 456 to 1,456 million roubles, roughly equivalent to US$50m. NFC Uralsib-NIKoil continues to increase its financial strength and...
#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
At the extraordinary general meeting on 28 September 2004, the shareholders of Oman Orix Leasing approved the proposal of the…
#leasing
After three quarters, Huta Ferrum steelworks is to present satisfactory results, says Jan Waszczak, the company's president. However, the company…
#bank#factoring contract#ING
Coface UK, a leading provider of credit solutions for business, has added to its range of credit management products with…
The former head of the federal Superfund environmental cleanup program was found guilty on Monday of concocting a scheme to…
Chilean private bank Bci opened a representative office in Mexico on Monday, the bank said in a statement. The new…