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Chile's factoring industry would only become subject to official state regulation if the companies concerned were to begin to handle public funds, according to chief securities and insurance regulator Alejandro Ferreiro. The country's factoring system remains generally unregulated, apart from...
#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%…
Turnover in Poland's budding factoring market grew almost 18% to Zloty 12bn in 2003, said officials at the industry's Factoring…
#bank#conference#exports
The Mexican subsidiary of international ratings agency Moody's has assigned the factoring and leasing subsidiaries of local financial group Banorte…
#bank#international#leasing
Natexis Banques Populaires has reported figures, based on estimates presented yesterday to the Board of Directors, showing net banking income…
Getting into factoring is easy, staying profitable is getting much harder. One of the biggest threats to factoring profits is…
VUB Bank – a member of Gruppo Banca Intesa – through its subsidiary VUB Factoring, has been providing its clients…
#bank#cash-flow#debt collection
Toprak Factoring A.Ю., which was taken over by the Banking Regulation and Supervisory Agency (BRSA) in 2001, has announced that…
#bank#banks#investment
London Scottish Bank, parent of London Scottish Invoice Finance Ltd (formerly Isis Factors plc and Sygnet Invoice Finance Ltd), has…