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Bank Austria Creditanstalt purchases 100 per cent of the shares in FactorBank by purchasing shares from Raiffeisen Zentralbank and Oberbank. (more…)
Austria's government is considering financing a venture capital fund that would indirectly provide funds to start-ups and SMEs. (more…)
Euronet Worldwide Inc. has signed a long-term agreement for its first SEPA (Single Euro Payments Area) compliant cross-border transaction processing solution…
#bank#banks#financial institutions
The rate of growth in the Austrian factoring market has slowed and the driving forces behind this are not solely economic.…
The contribution of the financial services sector (including insurance) to GDP amounted to 6.4% in 2002 (€12.8bn). It employed some…
Market Performance and Supply In 1999 the performance of the Austrian factoring market was better than had been expected. Although…
#assignment#bank#import factoring
Moody's has assigned A3 long-term and P-2 short-term deposit ratings and a C Financial Strength Rating to Intermarket Bank AG…