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factoring

Euroges Factoring profitability up 42%

Banco Espirito Santo Overseas Ld has published results showing consolidated net profit reaching Euro 222.1m, which corresponds to an increase of 12.3%. Due to a capital increase and reinforcement of provisions carried out in Q1 2002, return on equity (ROE)...

#insurance#international#international factoring

Dutch giant adds factoring to its services

In a bid to add debt purchasing and surveillance to its local service portfolio, Dutch debt collecting giant Intrum Justitia…

#debt collection#i#management


Factoring company plans 30 per cent leasing portfolio growth...

Hanza Lizings leasing and factoring company expects 30 percent leasing portfolio growth this year, company director Artis Birkmanis told reporters.…


Factoring activities contribute to Sterling Bancorp’s increase in profit

Sterling Bancorp, in its announcement of company figures for year ended 31 December 2002, attributed its increase in non-interest income…


Sun Capital HealthCare provides factoring service to former NCFE...

Sun Capital HealthCare, Inc. (SCH), a privately-held leading national financial services provider for the health care industry, entered into a…


Bay View announces sale of factoring businesses

Bay View Capital Corporation on Friday announced the sale of its two factoring businesses with approximately US$23 million in factoring…

#bank#liquidity#management


CIT Commercial Services factoring relationship with fashion design house...

CIT Commercial Services, a unit of CIT Group Inc. (NYSE: CIT), today announced that it has provided a $56 million…

#CIT#CIT Commercial Services#Letters of Credit


Med Diversified receives bankruptcy court approval for post-petition factoring...

Med Diversified Inc. ("the Company"), today announced that the U.S Bankruptcy Court for the Eastern District of New York approved…

#acquisition#bankruptcy#management


Financing and factoring firm lists shares on PSE

The Philippine Stock Exchange marked its first full week of trading this year with the listing of Makati Finance Corp.,…

#investment#receivables


Niche bank to target SMEs with factoring and leasing...

Chile's Banco Progreso said that it would start operating as a niche bank in 2004, with a focus on small…


Banking system posts US$594mn profits in November but show...

Chile's banking system had profits totaling 492bn pesos (US$594mn) for November, up 7.03% compared to the previous month, banking regulator…


IFA announce details of ninth annual factoring conference

The 9th Annual Factoring Conference April 2 - 4, 2003 April 5, 2003 - Operations Workshop Brought to you by:…

Factoring and invoice discounting grow significantly as bank overdrafts...

Third quarter figures released today by the FDA shows invoice discounting growing in popularity in comparison to traditional overdraft lending…

#bank#invoice#management

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