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factoring

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 ownership title of Hansa Capital's Lithuanian subsidiary UAB Hanza Lizingas to Hansabankas. Hansabank Group decided to change Hansa Capital's structure...

#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


Report claims recent late payment legislation is largely unenforceable...

An article by Graeme Forbes, head of corporate finance at Grant Thornton The business outlook for small- and medium-size enterprises…

#bank#Bank of England#invoice


Lloyds TSB reports increased profits in factoring and commercial...

Lloyds TSB Group’s Wholesale Markets sector, which includes Lloyds TSB Commercial Finance and Alex Lawrie Factors, has reported a pre-tax…


Taageer Finance lease and factoring income doubles in first...

Taageer Finance Company SAOC, the youngest non-banking finance company in Oman, reported a 2.7 times jump in its net profit…

#bank#investment#leasing


Credit insurance to boost non-bank factoring

According to Jose Schachner, chairman of Chile's factoring association, non-bank factoring companies in Chile are betting on credit insurance to…

#bank#Boost#insurance


Bank of China’s international factoring surges 800% in first...

The international service of the Bank of China rose greatly in the first six months of this year. The bank's…

#bank#Bank of China#international


SME Bank cuts lending and factoring rates

The SME Development Bank (SME Bank) has cut lending rates in a bid to help the country's newest bank meet…

Panabank to extend reach through acquisition this year –...

Panama's Panabank is set to extend its operational reach within Central America through the acquisition of a local financial institution…

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