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AMDB Bhd said its wholly-owned subsidiary AMDB Factoring Sdn Bhd has granted a facility of up to RM3.1 million to Dawama Sdn Bhd for its immediate working capital requirements. AMDB said the facility is guaranteed by the directors and shareholders...
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…
With more and more reputable companies entering the factoring business, services have greatly improved. But factors' bottom line use remains…
#bank#bank loan#commercial finance
Whitehall Jewellers Inc. said on Thursday that it had fired chief financial officer Jon Browne as a result of an…
#factoring fraud#receivables#SEC
Natexis Factorem, the factoring unit of French banking group Natexis Banques Populaires, has acquired a 51 per cent stake in…
Nine men were indicted on charges of stealing $170 million from a Portuguese bank branch in Florida through what prosecutors…
#bank#Clear#interest
Mizuho Corporate Bank, a unit of Mizuho Financial Group Inc., has formed an alliance with the Bank of China in…
#bank#Bank of China#receivables
Chile's factoring industry expects to post total profits of around 11bn pesos (US$18.1m) in 2003, with income forecast to jump…