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Asociacion Espanola de factoring (AEF), the Spanish factoring association, has released figures for 2003 showing a factored total of Ђ37.49 million, an increase of 18.22% compared to Ђ31.71 million for 2002. Of the total, domestic factoring totalled Ђ36.44 million, up17.55%...
#AEF#BBVA#Caixa
Euler Hermes’ consolidated turnover amounted to Ђ1,864.2 million in 2003, up 21.4% * on 2002 published turnover, or up 1.9%…
Karan Bilimoria, the founder of Cobra Beer, is a cheerleader for factoring, which he says is ideal for an ambitious…
#bank#commercial finance#debt collection
HSBC was an official sponsor of the recent Middle East and North Africa (MENA) Trade and Export Finance Forum held…
The credit insurance industry can expect pressure to show greater flexibility, according to Jerome Cazes, group managing director for French…
Chinese financial authorities granted licences to four foreign banks on Friday, allowing them to carry out transactions in yuan directly…
#bank#banks
Factoring slumped 20% to a volume of US$115bn in the US in 2002 compared to the previous twelve months, according…
Chile's factoring industry would only become subject to official state regulation if the companies concerned were to begin to handle…
#bank#factoring industry#factoring regulation
BZ WBK Faktor, owned by BZ WBK bank and Bibby Factors, the Polish unit of the UK’s Bibby group, will…
Banco de Chile has posted net income of 130bn pesos (US$220m) for last year, up 146% compared to 2002 on…
#bank
About 25 providers in Australia offer cash-flow finance, in the form of both invoice discounting and factoring, where the factor…
Last year, Key Bank and Trust changed its name to K Bank, after a lengthy lawsuit over the Key name…
#bank#Trust
Mexico's 16 factoring companies reported consolidated net income of 153m pesos (US$14m) during the third quarter of 2003, up 30%…