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factoring

Leasing company shareholders approve move into debt factoring

At the extraordinary general meeting on 28 September 2004, the shareholders of Oman Orix Leasing approved the proposal of the company to launch debt-factoring services. The EGM has also approved the proposal to increase the company’s authorised capital from RO8...

#leasing

Factoring improves steelworks’ liquidity

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 launches new receivables finance factoring service

Coface UK, a leading provider of credit solutions for business, has added to its range of credit management products with…


Factoring fraudster faces 35 years in jail

The former head of the federal Superfund environmental cleanup program was found guilty on Monday of concocting a scheme to…


Chilean factoring bank opens representative office in Mexico

Chilean private bank Bci opened a representative office in Mexico on Monday, the bank said in a statement. The new…


Shanghai success for BCR’s third Asia Pacific Factoring Conference

The Asia Pacific region has some of the most exciting and fastest growing factoring markets in the world. With this…


S&P affirms top factoring bank’s ratings

Standard & Poor's Ratings services said today that it had affirmed its 'BBB-' long-term counterparty credit rating and 'A-3' short-term…

#bank#international#management


Factoring facelift planned for Sanpaolo

A year after acquiring Banque Sanpaolo, the French unit of Italian bank Sanpaolo, French banking group Caisse d'Epargne is moving…

#bank#CDC#leasing


Factoring industry profits face double-digit declines in H1

Mexico's factoring industry reported net income of 84.5m pesos (US$7.3m) in the first half of 2004, a 16 per cent…


New rules to boost factoring services

The State Bank of Vietnam (SBV), Vietnam's central bank, has issued new regulations that will enable credit institutions to carry…

#bank#international#payment practices


Factoring market picks up on back of Taiwan-China relationship

Improving investment and trade relations between Taiwan and mainland China are increasing demand for factoring services by domestic exporters to…


ES Bankest files malpractice suit against law firm over...

ES Bankest LC has filed a malpractice suit against the Florida law firm Gunster, Yoakley & Stewart P.A. and one…

European Country Reports from the World Factoring Yearbook 2004

Subscribers to factorscan can now read the Country Reports from the forthcoming edition of the World Factoring Yearbook 2004.

#World Factoring Yearbook

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