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Sterling Bancorp today announced record figures for the three months ended 31 March 2001. Net income for their factoring operation had risen by 28.5% to $1,401,000 from Ј1,090,000 in the corresponding period of 2000. This increase is disproportionately high in...
#interest
Distinctive Solutions Corporation, the specialist provider of software for the factoring industry, sold its 500th factoring/asset based lending software system…
#BCR Publishing#commercial finance#factoring industry
First Coastal Bank, based in El Segundo, California, has announced that it will begin to market a factoring and accounts…
Market Performance and Supply Considering the size of the middle east region and the economies which exist within it, it…
#economy#international#international factoring
The financial services provider, Sterling Bancorp, today announced record earnings both for the year and the quarter ended 31 December…
#financial services#trade
Spain’s third largest bank, Banco Popular, has declared a 13.3% increase in net profit from €497m last year to €528m…
The international rating agency, Fitch, has assigned a senior unsecured foreign currency rating of ‘BB-’ (BB minus) to Aktif Finans…
India’s largest player by market share, Canbank Factors, will be launching their new export factoring service today in Bangalore. Domestic…
#bank#BCR Publishing#international
It was announced yesterday that the Spanish Bank Banco Popular Espaсol will be purchasing a 50% stake in Heller Factoring…
#bank
The International Factors Association and the commercial finance software company, Distinctive Solutions, are holding their seventh annual factoring conference in…
#commercial finance#conference#international
The Belgian-Dutch financial services group Fortis is to withdraw from under-performing businesses that do not fit its overall strategy of…
It has been announced that DnB, Norway’s largest bank, intend to merge their factoring and leasing subsidiaries, DnB Factoring AS…