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According to Polish Factors Association data, published early this month, the Polish factoring market grew by a record 70% in 1Q of 2008. (more…)
#bank#commercial finance#financial services
Bank of America announced it will expand its asset-based lending capabilities to serve smaller middle-market businesses as a result of…
Siemens First Capital Commercial Finance, LLC announced an accounts receivable purchase programme for middle-market companies. (more…)
The CBI has downgraded its 2008 outlook for UK growth, and it forecasts even slower growth in 2009 due to…
#bank#Bank of England#exports
Consolidated after-tax profit of Hungary's MKB Bank dropped 12 per cent HUF16.1bn in 2007. (more…)
#bank
Surecomp, announced today that Netherlands-based De Lage Landen has, following an intensive evaluation licensed all FAC, Surecomp's Java J2EE receivables…
#commercial finance#financial services#management
Surecomp have announced that UK-based Challenge Finance Limited has licensed the ASP version of allFAC, Surecomp’s Java J2EE receivables management solution.…
#financial services#invoice#management
London-based merchant bank Close Brothers is set to enter the 1.4bn Irish invoice financing market this year. (more…)
#bank#invoice#management
Profi Credit IFN SA, a member of the Czech financial group Profireal Group, has launched operations on the Romanian market.…
Quorum AG, which provides financing solutions to SMEs, has strengthened its international profile by joining ABFA. (more…)
Royal Bank of Canada (RBC), the largest bank in Canada by assets and market cap, has opened a representative office…
#bank#financial services#management
Profi Credit IFN SA, a member of the Czech financial group Profireal Group, set the official date to launch its…
#bank#poland#trade
The factoring market represented by the Association of Factoring Companies recorded a growth of total turnover by almost Czk15bn and…