Five Arrows Commercial Finance, which in the year ended 31 December 1999, recorded profits before tax of Ј890,000, has seen that figure reduced to Ј128,000 for the following year.
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Fraud Causes Fall in Profits at Five Arrows21/08/2001
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Siam General Factoring Records Impressive Growth in Profit in Q2 200121/08/2001
Siam General Factoring, the third largest player in the Thai market behind Thai Farmers Heller and Ayudhaya International Factors, has recorded a net profit of 4m bt for Q2 2001. |
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Industry Ministry Lobbies to Establish New SME Bank20/08/2001
The Industry Ministry wants laws establishing a new SME bank to explicitly protect lending officers from legal liability if assets turn bad. |
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Cutfin Joins FCI17/08/2001
Cutfin, Absa's debtor finance house, has joined the ranks of almost 150 companies in more than 50 countries by becoming a member of Factor's Chain International. |
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Eurofactor (UK) Comment on their Return to Profit in 200016/08/2001
Eurofactor (UK) Ltd, the company formerly known as Credit Lyonnais Commercial Finance Ltd, have recorded a return to profit in their accounts for the year ended 31 December 2000. |
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Royal Bank Of Scotland Agrees Terms To Buy Euro Sales Finance15/08/2001
The Royal Bank of Scotland plc (“RBS”) has agreed the terms of a recommended cash offer for the entire issued and to be issued ordinary share capital of Euro Sales Finance plc (“ESF”), the European |
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Banks Reduce Offer of Credit15/08/2001
Brazilian banks are reducing the offer of credit to small and medium sized companies due to the growth of default level. |
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Euro Sales Finance Records Loss Before Tax of Ј10.9million14/08/2001
Year end results to 30 June 2001Euro Sales Finance (“ESF”), the pan European sales finance company, today announces its year- end results to 30 June 2001. |
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Factoring Contributes to Healthy First Half Results for Banco Espirito Santo14/08/2001
The Lisbon-based Banco Espirito Santo, the principal subsidiary of the Espirito Santo Financial Group S.A., today announced its 2001 First Half results. |
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RBS Boosts Invoice Finance14/08/2001
Faster access to invoice finance is being offered electronically by Royal Bank of Scotland’s commercial services arm. |
