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It was announced yesterday that the Spanish Bank Banco Popular Espaсol will be purchasing a 50% stake in Heller Factoring Portuguesa. Heller Factoring is one of the larger players in the Portuguese market, achieving a turnover of Ј6.81m in 1999....
#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…
The New Jersey based consumer receivables and management company Asta Funding Inc. has today reported results for its fiscal year…
The financial services group Finantra yesterday announced that it would discontinue a number of its operations including factoring, medical billing,…
At the end of September 2000 Mizuho Holdings Inc, the holding company for the newly formed Mizuho Financial Group, was…
#bank#IBM#insurance
A new federal bill, The Structured Settlement Act (HR 5421), was introduced on 6 October 2000. This legislation is intended…
#insurance#securitisation#trade
The leading online marketplace for the global seafood industry, Worldcatch has today launched a factoring service offering sellers of seafood…
The finance group Santander Mexicano has today announced a net income of P$677 million for the third quarter of 2000,…
#insurance
OFEK Capital Corp has announced the formation of a new American factoring company to be known as AFC, and will…
#e-commerce
Lanka Orix Factors have this month been able to offer their clients the facility to view their sales ledgers on…
The e-commerce and internet solutions provider AllnetServices.com Corp has today announced that it has renewed its factoring agreement with Global…