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News

FCI and IFG aim to enter into a union for global factoring

Monday 29 June 2015 10:00 CET | News

To represent the benefits and opportunities of the global factoring industry more effectively, the Boards of International Factors Group (IFG) and Factors Chain International (FCI) have together proposed to enter a union between the two organisations.

At the recent FCI Annual General Meeting in Singapore, the members of FCI voted in favour of the plan. The proposal will now also be put to the members of IFG at their respective Annual Meeting in October 2015 in Vienna. Should the IFG members also be in favour, work on bringing the two organisations together will commence with a completion in 2016.


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Keywords: FCI, IFG, International Factors Group, Factors Chain International, global factoring, Union, factoring
Categories: Banking & Fintech
Companies:
Countries: World
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Banking & Fintech

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