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Purchase

Sumitomo Mitsui to purchase Asian accounts receivable

Sumitomo Mitsui Banking Corp plans to set up an online factoring service in November to purchase accounts receivable in Asia, the Nihon Keizai Shimbun reported. The Sumitomo Mitsui Financial Group Inc unit will launch a company in Singapore to buy Asian firms' claims...

#bank#online factoring

Bank Millenium sign purchase agreement

The management board of Warsaw-based Forin Sp. z o.o. has announced that following the signing of an agreement on 6…


Official Surecomp announcement of purchase of Highams’ Hi-Finance

Surecomp, a Canadian banking software company, has acquired Highams Business Solutions Ltd (HBS), a subsidiary of Highams System Services Group…


BRE Bank to Purchase Hungarian Factoring Company

Poland’s listed BRE Bank wants to purchase 50 percent of Hungary’s Magyar Factor Rt., worth HUF550m, or ZL9m. BRE already…


Rumours Emerge of Impending Purchase of Banco Galicia

Rumours have surfaced on the business news service, Zephus.com, of the forthcoming acquisition of Argentina’s Banco Galicia. A prospective purchaser…


Strong Share Purchase Recommendation for Asta Funding Issued by...

The following statement, recommending the purchase of shares in Asta Funding, was today issued by Monness, Crespi, Hardt & Co…


Royal Bank of Scotland Completes Euro Sales Purchase

The Royal Bank of Scotland has completed the Ј68 million purchase of Euro Sales Finance. The Bank had already declared…


GMAC Confirms Bank of America Purchase

BCR Publishing has today received confirmation that GMAC’s acquisition of the Bank of America’s factoring business was effective as of…

#bank#Bank of America#Commercial Credit

Share Purchase Will not Impact on Hansa Leasing

An unspecified American fund has acquired 315,000 shares in Hansabank, the parent of Estonia’s largest factoring company, Hansa Leasing. The…

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