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Intesa sold its Sudameris banking franchise in Chile to Desarrollo last month in return for US$30m in newly issued Desarrollo shares. The deal is also expected to boost Desarrollo's leasing activities by 29%, which is also an SME instrument, said...
Alliance Factoring last year bought Telstra's $300 million debt book, 800,000 accounts that date back as far as six years.…
#Clear#debt collection
Banking business as defined by the Banking and Financial Institutions Act 1989 (Bafia) includes the business of receiving deposits, paying…
The International Factoring Association is to hold a one-hour teleconference seminar on Thursday, 12 June at 1pm Pacific Daylight Saving…
Many businesses suffering from persistent late payment of invoices by their customers choose to engage a factoring company as a…
The Directorate General for Enterprise (DG Enterprise) of the European Commission has published its study of the role that factoring…
#BCR Publishing#European Commission#international
George (Carl) Alexander Jr. faces 12 counts of mail fraud and money laundering said the U.S. Attorney's Office. The authorities…
As the first step in a process set to last several years, the government recently approved the main concept of…
In 2002, the total value of invoices purchased by companies engaged in factoring activities reached ZL10bn, compared to ZL8bn a…
The Bank of China (BOC) reported a strong growth in factoring business in the first quarter of this year, with…
BCR Publishing Ltd. today announced its plans for the second Receivables Finance International conference for the Asia-Pacific region, following on…
#BCR Publishing#conference#interest
A unified law for the small-scale industry sector (SSI) that will help enhance the sector's efficiency is being drafted, according…
Valtech, the French global group of Advanced Technology Solution Centres, has transformed its main line of credit in France into…
#cash-flow#interest