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May
New research from Demica reveals that the European invoice finance market is now worth over Eu1 trillion.
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GE Capital brings funding and development security to Ceramic Prints with finance package to support one of UK’s largest tile companies.
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April
China is now the largest factoring market overtaking the UK for the first time, according to statistics by Factors Chain International, with top institutions taking over 10% of market share.
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China is now the largest factoring market overtaking the UK for the first time, according to statistics by Factors Chain International.
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HSBC picks Box to the newly-created role of head of trade and receivables finance, Europe.
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March
Capital Business Credit hires Steven Fields to lead business development efforts in Midwest.
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First Finance Company, a subsidiary of The Swaziland Development Finance Corporation (FINCORP), has begun to offer non-recourse factoring.
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February
Despite a contraction over the next five years UK trade is set to increase by 59.01% by 2026, according to a report by HSBC.
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HSBC has launched a new fund aimed at assisting small and medium sized enterprises to trade internationally.
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Arab Banking Corporation (ABC) has revealed that it made a $204 million profit in 2011, a rise of 43% compared to 2010.
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The global head of forfaiting at CA-CIB has retired and is being replaced by his deputy and a director for export finance Asia.
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January
HSBC has announced plans to offer billions of trade finance for UK business.
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Santander UK and Moldov’s Banca Comerciala Româna Chisinau have joined Factor Chain International (FCI).
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Factors Chain International, the network of factoring companies, has reported a 20% increase in its two-factor cross border business in 2011.
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Malta-based trade finance specialist FIMBank brought together the CEOs of all of its international factoring joint ventures to discuss strategy and growth.
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Arab Banking Corporation has announced changes to the top management team at its key European subsidiary, ABC International Bank London.