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factoring

Resona Holdings to integrate factoring units in move to...

Resona Holdings Inc. decided on Tuesday (26 August) to reduce the number of its subsidiaries and affiliates to one-fourth the current level, said president Eiji Hosoya. Resona Holdings, which had 46 subsidiaries and affiliates as of the end of March,...

#bank#conference#international

Banco del Desarrollo to acquire factoring business despite profits...

Chile's Banco del Desarrollo saw first half net profits drop 5.85% year on year to 3.4bn pesos (US$4.9m), mainly due…


Unicredit Factoring improves profits in 1st half results

UniCredit Factoring, the factoring division of Italian bank UniCredit, closed the first half of 2003 with net profits of Ђ3.5m…

#bank#Unicredit#Unicredit Factoring


Couple charged with fraudulently soliciting for investor funds to...

Bluffdale residents Gerald Trevor Jones and DeAnn T. Jones have been charged in the 3rd District Court with multiple securities-related…

#interest#Paid#WHO


Credit unions seek clarification on factoring regulations as they...

Mexico's warehousing association AMAGDE and credit union association ConUnion are lobbying regulators to allow them to provide a broader range…


Factoring has grown 40% annually since the advent of...

At a time when the GST continues to create a cash-flow crisis for small business, lending experts warn that debt…

#cash-flow#GST#security


Siam General Factoring reports 127% rise in Q2 profit

Siam General Factoring reported a net profit of 28.9million baht for quarter two 2003, compared with 12.7million baht for the…


Hansa's Lithuanian leasing and factoring arm passes into Hansabankas'...

An agreement between Hansabankas of Lithuania and AS Hansa Capital that came into effect on 18 August 2003 transferred the…

#funding#leasing


Small firms told to face the factoring facts

Many small firms still view factoring or discounting with “unwarranted” suspicion, says John Twigg, chief executive of small business advisor,…

#bank#interest#small business


Natexis Factorem reports drop in factoring turnover

As at 31 December 2002 net banking income (NBI) for Factorem, part of the Natexis Banques Populaires group, came to…

#3M#interest rates#receivables


Greenfield Commercial Credit (Canada) Inc. announces it has acquired...

Greenfield Commercial Credit (Canada) Inc. (Greenfield Canada) announced today (6 August) that it has acquired a portfolio of seven factoring…

#acquisition#Commercial Credit#management


Bank of China’s factoring transactions soar in first half

State-owned Bank of China’s international factoring transactions increased by more than eight times year-on year while domestic factoring transactions rose…

First half profit of SKK8.9 million for OB Heller...

The Slovak arm of the Czech bank CSOB showed a profit of SKK122 million in the first six months of…

#bank#leasing

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