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The factoring industry is neither registered nor regulated in Thailand. Nevertheless, the industry has been flourishing for at least a decade. In February 2004 the Thai Factors Association (TFA) said turnover may have reached Bt120bn (US$3bn) in 2003, based on...
#bank#exporters#interest rates
Accord Financial Corp., a leading North American provider of asset-based financial services to businesses, including factoring, financing, credit investigation and…
#Accord Financial#Accord Financial Corp#financial services
Compagnie Gйnйrale d’Affacturage (CGA), the wholly-owned factoring subsidiary of Sociйtй Gйnйrale has become the first factoring company in France to…
#debt collection#international#invoice
The stabilisation of the economy and decreasing interest rates in 2000 and 2001 led to growth in the factoring industry,…
#bank#banks#factoring industry
In South Korea, factoring arrangements are essentially corporate credit facilities based on trade bills, accounts receivable and consumer credits. International…
#bank#exporters#international
CIT Group Inc. today reported net income of US$189.3 million for the quarter ended March 31, 2004. The results for…
#CIT#commercial finance#i
Allgemeine Kredit Coface Finanz (AKCF), the German subsidiary of French financial group Coface, is anticipating further growth in its business…
The Union of Small & Medium Enterprises (UNISAME) has drawn the attention of bankers to the fact that most SMEs’…
#bank#banks#cash-flow
Mayflower Corporation failed for four years to make full payments to HSBC, which was operating an invoice-discounting scheme on its…
Factors Chain International (FCI), the world’s largest network of factoring companies with a presence in nearly 60 countries, has published…
A former top US Environmental Protection Agency (EPA) official was indicted yesterday on federal charges alleging she schemed to fraudulently…
Signalling a long-term stability in its foreign investment policy, India has offered to bind itself to allowing 100 per cent…
#banks#financial services#reinsurance