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The finance group Santander Mexicano has today announced a net income of P$677 million for the third quarter of 2000, bringing the total for the nine months ended 30 September 2000 up to P$1,333 million (US$141.1 million). The above figures...
#insurance
OFEK Capital Corp has announced the formation of a new American factoring company to be known as AFC, and will…
#e-commerce
Lanka Orix Factors have this month been able to offer their clients the facility to view their sales ledgers on…
The e-commerce and internet solutions provider AllnetServices.com Corp has today announced that it has renewed its factoring agreement with Global…
UPS Capital, part of the UPS Logistics Group, is to set up a European factoring network which should be operational…
ABC Holdings has just completed its primary listing on the Botswana Stock Exchiange. The bank is configured to be a…
Cabinet ministers yesterday approved a final draft of a new factoring bill. Finance Minister Tarrin Nimmanahaeminda said the law would…
#Bill#Factoring bill#liquidity
CIT Commercial Services, the largest provider of factoring services in the US, today announced a strategic alliance with EcomTextile, Inc.of…
#CIT#credit protection#e-commerce
The Turkish Factoring Association has released its half-yearly figures for 2000. They are as follows: Domestic US$bn1.92 International US$m377 Total US$bn2.30 For 1999, the overall total…
The Heritage Bank of Commerce have today announced that Sherry Crowley has been made Vice President and Business Development Officer…
A bill that would force the central bank to consult with the government and report to the parliament on a…
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
The factoring market in Germany has remained fairly steady in the last few months, with DG Bank continuing their dominance…
#bank#BCR Publishing#receivables