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The financial services provider, Sterling Bancorp, today announced record earnings both for the year and the quarter ended 31 December 2000, reporting a net income of $16.6m for the year and $4.5m for the quarter. This represents an increase of...
#financial services#trade
Spain’s third largest bank, Banco Popular, has declared a 13.3% increase in net profit from €497m last year to €528m…
The international rating agency, Fitch, has assigned a senior unsecured foreign currency rating of ‘BB-’ (BB minus) to Aktif Finans…
India’s largest player by market share, Canbank Factors, will be launching their new export factoring service today in Bangalore. Domestic…
#bank#BCR Publishing#international
It was announced yesterday that the Spanish Bank Banco Popular Espaсol will be purchasing a 50% stake in Heller Factoring…
#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…