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North American Factors “Drowning in a Sea of Credit Losses” in the Wake of Tuesday’s Tragedy

14/09/2001
USA

An informed source in Canada was speaking to a colleague in an undisclosed Canadian factoring company owned by a major international bank.

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Joint Venture of Banco de Chile and BCI to Will Offer Electronic Factoring to Clients

14/09/2001

Artikos Chile, a company formed with a US$9mil investment by Banco de Chile and BCI (Banco Credito e Inversiones), is planning to develop in the next two years a US$4m business and reach more than

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Sterling National Bank Announces New Hong Kong Subsidiary

12/09/2001

Sterling National Bank, the principal banking subsidiary of banking and financial services company, Sterling Bancorp, today announced the launch of a new initiative in the international trade servi

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Intuit Canada Limited and Alliance Financing Group Inc. Announce Strategic Relationship

12/09/2001

Intuit Canada Limited, the Edmonton-based provider of e-finance solutions, together with the one-stop financing shop, Alliance Financing Group Inc., announced today a strategic relationship that wi

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Meeting of Bankers and Industrialists Reveals Level of Pessimism in Europe

11/09/2001

European business leaders are scared.

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Euro Fails to Penetrate the UK

11/09/2001
UK

"There is some anecdotal evidence that use of the euro is increasing a little," says Leslie Gunde, associate director at the professional services firm, KPMG.

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Exim Factoring Venture to Begin Operations in Ten Days

11/09/2001

Global Trade Finance Pvt Ltd, the factoring joint venture company of Exim Bank of India, WestLB (Westdeutsche Landesbank Girozentrale) of Germany and IFC, Washington, is expected to begin operation

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HBOS Plans to Target Small Business Market

10/09/2001
UK

HBOS, the bank formed by the merger of Halifax and Bank of Scotland, is to recruit hundreds of staff in an attack on the small business banking market in England and Wales, currently dominated by t

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Aston Rothbury on Course for Projected 100% Profit Increase in 2002

07/09/2001
UK

Managing Director, Ian Clark, discusses company performance and future plans

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Silverburn Finance UK Ltd Release Abbreviated Annual Accounts

06/09/2001
UK

Silverburn Finance UK Ltd have released an abbreviated set of accounts for the year ended 31 January 2001.

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