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factoring

Polish factoring turnover rises in 2003, more expected in...

Turnover in Poland's budding factoring market grew almost 18% to Zloty 12bn in 2003, said officials at the industry's Factoring Institutions Conference (KIF) yesterday. At year-end 2003, only 1,200 Polish firms benefit from factoring, bringing 80,000 invoiced debtors into the...

#bank#conference#exports

Moody's rating for Banorte factoring and leasing subsidiaries

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' net banking income up 36%, factoring...

Natexis Banques Populaires has reported figures, based on estimates presented yesterday to the Board of Directors, showing net banking income…


Fraud in factoring features at Rome conference

Getting into factoring is easy, staying profitable is getting much harder. One of the biggest threats to factoring profits is…


An interview with Mr. Miroslav Bernat, CEO of VUB...

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 joins Altэnbaю group

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 factoring profits increase

London Scottish Bank, parent of London Scottish Invoice Finance Ltd (formerly Isis Factors plc and Sygnet Invoice Finance Ltd), has…


Dawama granted RM3.1m factoring facility

AMDB Bhd said its wholly-owned subsidiary AMDB Factoring Sdn Bhd has granted a facility of up to RM3.1 million to…


SCIB to become full service; will start factoring and...

State-owned Siam City Bank (SCIB) will become a full service bank within the next three years, adding subsidiaries during that…


Factoring industry posts US$20m profit

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


International Factoring Association conference 2003

The 2004 International Factoring Association (IFA) conference will be held in Miami Beach, Florida on 21 – 24 April 2004…


HSBC Bank USA sells U.S. factoring assets

"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

HSBC forges ahead in factoring and trade finance

Today's buzzword in trade finance is supply chain management, which essentially means providing banking services across the trade chain -…

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