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The financial services group Finantra yesterday announced that it would discontinue a number of its operations including factoring, medical billing, leasing and commercial finance lending. The news came with the company’s third quarter report which showed a loss of $11.31...
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$677 million for the third quarter of 2000,…
#insurance
OFEK Capital Corp has announced the formation of a new American factoring company to be known as AFC, and will…
#e-commerce
Lanka Orix Factors have this month been able to offer their clients the facility to view their sales ledgers on…
The e-commerce and internet solutions provider AllnetServices.com Corp has today announced that it has renewed its factoring agreement with Global…
UPS Capital, part of the UPS Logistics Group, is to set up a European factoring network which should be operational…
ABC Holdings has just completed its primary listing on the Botswana Stock Exchiange. The bank is configured to be a…
Cabinet ministers yesterday approved a final draft of a new factoring bill. Finance Minister Tarrin Nimmanahaeminda said the law would…
#Bill#Factoring bill#liquidity
CIT Commercial Services, the largest provider of factoring services in the US, today announced a strategic alliance with EcomTextile, Inc.of…
#CIT#credit protection#e-commerce
The Turkish Factoring Association has released its half-yearly figures for 2000. They are as follows: Domestic US$bn1.92 International US$m377 Total US$bn2.30 For 1999, the overall total…