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There are very few factoring companies in France (25 at the end of 2000), and the five main players in the sector took on €46.2bn in bills last year, representing more than 80% of total volume. The country's two leading...
#Factofrance#Two
Taiwan-based Bank Sinopac launched a website--MMAb2b.com to provide factoring service for enterprises in August 2000. Bank Sinopac has recorded a…
Investment and banking group Nikoil plans to retain its position as the leader on Russia's market in factoring operations. Nikoil’s…
Westdeutsche Landesbank Girozentrale (WestLB), Germany and Export-Import Bank of India (Exim Bank) have joined forces to form a joint venture…
#bank#exporters#international
The volume of factoring services in Asia, excluding South Korea, grew 147% between 1995 and 2000 according to factors Chain…
#international
It seems that the stalling of the US economy has impacted the activity of factors in the USA and Canada…
#BCR Publishing#CIT#liquidity
At the Twenty-Seventh Party Congress in 1986, perestroika, Mikhail Gorbachev's program of economic, political, and social restructuring, became the unintended…
#bank#conference#factoring industry
Slovak state-owned bank Konsolidacna banka Bratislava (KBB) will be taken over by state-owned factoring agency Slovenska Konsolidacna (SKo) before 31…
#bank#guarantee#liquidity
Financial firms that factor agricultural accounts receivable won a big victory last week that should help sustain the crucial liquidity…
#financial institution#liquidity#receivables
The growth rate in international factoring volumes world wide is now greater than the growth rate in domestic factoring according…
#bad debts#exporters#international
Mikhail Treyvish, managing director of the factoring department of the Moscow-based NIKoil Investment Banking Group, has announced plans to host…
Danske Bank sold its subsidiaries BG Factoring A/S and BG Garanti Forsikringsselskab A/S to the Dutch-owned NCM group effective from…
Sterling Bancorp today announced record figures for the three months ended 31 March 2001. Net income for their factoring operation…
#interest