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In the July-September 2000 quarter Bank of America, the second largest US financial services company, whose interests include factoring, recorded its non-performing loans at $4.4 bn, an increase of 45% over the $3 bn of July-September 1999. The bank reports...
The CIT Group Inc (which offers a range of financial services including factoring, structured financing, equipment, commercial and consumer financing…
KBK Capital Corporation of Fort Worth, Texas (which provides commercial loans, mezzanine loans and factoring to middle-market businesses) has reported…
#banks#CIT#economy
RDM have recently opened an office in Scotland to reflect the different needs of businesses there. Graeme Cullen, whose most…
#BCR Publishing#WHO
Although the rate of economic growth in Malaysia is one of the fastest in the south east Asian region and…
#investment
The Federal Reserve’s latest survey on regional economic conditions indicates that the rate of growth in the US has slowed…
After the regional financial crisis of 1997 the Malaysian market is finally beginning to turn around. With a recorded growth…
#bank#banks#funding
Canbank Factors achieved a turnover of Rs. 1,000 Crores in 1999-2000 and expect growth of 25-30% in the coming financial…
#bank#guarantees#invoice
Gerling Namur Profit up by 43% Gerling-Namur, the subsidiary of German Gerling Credit Insurance Group, saw consolidated profit rise 9…