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factoring

First Half Figures from Turkish Factoring Association

The Turkish Factoring Association has released its half-yearly figures for 2000. They are as follows: Domestic US$bn1.92 International US$m377 Total US$bn2.30 For 1999, the overall total volume was US$m5,266.

New Head of Factoring Division for Heritage Bank of...

The Heritage Bank of Commerce have today announced that Sherry Crowley has been made Vice President and Business Development Officer…


Opportunity Knocked for Regulation of Czech Factoring

A bill that would force the central bank to consult with the government and report to the parliament on a…


LOFAC’s Export Factoring Figures, January – July 2000.

Country Volume (in US$) Percentage of Total Export Factoring Volume Canada 599,324 24.24 Poland 426,312 17.24 USA 345,688 13.98 UK 262,742 10.63 Germany 183,275 7.41 France 139,284 5.63 Netherland 126,076 5.10 South Africa 98,310 3.98 Australia 97,452 3.94 Chile 76,694 3.10 Japan 58,800 2.38 Italy 31,485 1.27 Belgium 25,919 1.05 Austria 938 0.04 Total 2,472,299 100 

#poland


Key Developments in German Factoring Market According to Bertelsmann

The factoring market in Germany has remained fairly steady in the last few months, with DG Bank continuing their dominance…

#bank#BCR Publishing#receivables


US Factoring Industry Snapshot From HSBC President, John Heffer

There have been unprecedented numbers of mergers and acquisitions in the US factoring industry in the last 12 months, with…

#bank#BCR Publishing#CIT


Factoring Market in Cyprus Predicted to Grow by 30%...

According to George Georghiou, Manager of Laiki Factors in Cyprus, there is likely to be a significant growth of around…


Have Industry Mergers and Consolidations Damaged the Factoring Industry?

Consolidation among companies that provide finance for small businesses is making it harder for companies to get cash, reports the…


Enel Invests in Factoring

Enel, the Italian electricity group, has created Enelfactoring, a new company which will operate in the corporate factoring sector. The…

#bank#cash-flow


Factoring Turnover up 42%

The Spanish factoring sector posted a turnover of Pta2,288bn in 1999, up 42.16% on 1998 figures of Pta1,600bn, thanks to…


MetroCorp BancsharesInc. Records a $5.3m Factoring Receivable Charge-Off

MetroCorp Bancshares Inc. announced that Advantage Finance Corporation, the factoring subsidiary of MetroBank N.A., has reportedly been the victim of…

#3M#bank#interest rates


MBf Factoring Sales Looking Better

According to MBF Capital's Chief Executive Officer Datuk Loy Teik Ngan, sales by MBf Factoring are looking better than last…

Deutsche Factoring Bank Increases Turnover

Deutsche Factoring Bnak increased turnover by 8% to about 1.8bn euros in 1999. Annual net profits rose by 1% to…

#bank

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