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Hairmax International, a beauty products group, is seeking to partner or invest with a company that provides financial services to commercial businesses. The North Carolina-based business already has strategic alliances with Bank of America and other financial institutions on a...
Exim Bank of India will raise its stake in Global Trade Finance (GTF) from 35 per cent to 40 per…
#bank#exporters#global trade
The Hongkong and Shanghai Banking Corporation (HSBC) Limited has appointed Alistair Currie as head of trade services Asia Pacific, effective…
#bank#trade#WHO
Potential Finance Group PLC has reported a drop in pre-tax profits, according to the commercial finance group’s interim results for…
#business finance#commercial finance#funding
An interview with BCR’s overseas correspondent for central Europe Franz Michel, is general manager of Allgemeine Kredit Coface Finanze (AKCF),…
#banks#insolvency#international
SBI Factors and Commercial Services Pvt Ltd has called for a separate legislation for factoring services. At present a factoring…
Factoring as a form of financing is facing strong competition from bank loans. Despite this, it attracts more and more…
HVB Bank Hungary will expand its network to 100 branches at a cost of HUF10bn (Ђ39.5m), CEO Matthias Kunsch announced…
An executive of National Century Financial Enterprises Inc. will spend four years in jail for her role in the alleged…
Italian factoring bank Banca IFIS is to launch a convertible bond issue of up to Ђ50m. The issue price of…
#Banca IFIS#bank#Italian factoring
Bangko Sentral ng Pilipinas (BSP) governor Rafael Buenaventura announced that the policy-making Monetary Board has approved a request from state-owned…
By Andrew Miles of Pricewaterhouse Coopers, Frankfurt The ministry of finance has issued a decree to the effect that factoring…
#debt collection#risk#security
Around 100 jobs have been saved at a Midland plastic injection moulded component maker after Birmingham-based Eurofactor stepped in with…