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The Mexican subsidiary of international ratings agency Moody's has assigned the factoring and leasing subsidiaries of local financial group Banorte a local currency rating of Aa1.mx. The ratings for Factor Banorte and Arrendadora Banorte imply a strong profile with creditors...
#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…
AMDB Bhd said its wholly-owned subsidiary AMDB Factoring Sdn Bhd has granted a facility of up to RM3.1 million to…
State-owned Siam City Bank (SCIB) will become a full service bank within the next three years, adding subsidiaries during that…
Chile's factoring industry posted total profits of around 11bn pesos (almost US$20m) in 2003 with income set to increase this…
#exports#factoring industry#international
The 2004 International Factoring Association (IFA) conference will be held in Miami Beach, Florida on 21 – 24 April 2004…
"HSBC's decision to exit the domestic factoring business was made as a result of our new strategic plan's emphasis on…
#bank#CIT#CIT Commercial Services
Today's buzzword in trade finance is supply chain management, which essentially means providing banking services across the trade chain -…
With more and more reputable companies entering the factoring business, services have greatly improved… To read the full article by…