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Czech factoring companies belong to a sector which has been hit hard by the financial crisis and only 7 out of the 11 biggest factoring companies active on the Czech market last year were able to preserve their businesses this...
#bank#banks#financial services
VTB Group announced their expansion into yet another financial field, saying it will begin buying up struggling firms' accounts receivable…
Hit by the downturn, the total business of SBI Factors has shrunk by more than 30 per cent during 2008-09…
Tomas Moravek, Chairman of the Board and General Manager, CSOB Factoring, a.s. (more…)
#bank#exporters#exports
DLA Piper addresses the heightened concern over the financial weakness of the banks which have assumed lender of record status. (more…)
RHB Islamic Bank targets the SME sector and expects to see good growth in the coming years. (more…)
#bank#banks#economy
Factors in the Czech Republic experienced growth of more than 5 percent, year-on-year, data from the Association of Factoring Companies (AFS…
The credit insurance sector is continuing to suffer the effects of the credit crisis with the announcment that Amlin will…
After several years of stability and consistency in the global markets, the sub-prime real estate crisis that occurred midway through…
#ABN AMRO#bank#commercial finance
In H1 2008, Eurokommerz maintained its leadership in the Russian factoring market, according to Expert Rating Agency's research published today…
#banks#leadership#Two
Czech factoring market turnover reached CZK103.5bn (EUR4.2bn) in January-September of this year (more…)
SMEs in the U.S. that have fallen victim to tightened credit conditions by commercial banks are turning to less traditional…
First Global Bank (FGB) has received a loan of up to US$6 million from the Inter-American Investment Corporation (IIC), which…