Belgium

Trends and BNP Paribas Fortis survey of 400 businesses reveals that only one in ten use factoring to improve working capital.

The EIB has concluded a loan agreement with KBC and CBC to make EIB funds available to small and medium sized enterprises through KBC and

Dirk Van Strijthem, CEO of KBC Commercial Finance, provides Factorscan with an overview of the factoring market in Belgium, covering industry environment, market performance, supply and future trends.

The European Investment Bank and BNP Paribas Fortis have concluded a partnership agreement concerning a new-generation loan for SMEs

Hans Jacobs, Sales and Marketing Manager, Fortis Commercial Finance, gives the overview of factoring in the Belguim for the forthcoming year.

Dirk Driessens has been recently promoted to Member of the Merchant Banking Board of Fortis.

IFB in Brussels - now a full subsidiary of the KBC Group has moved all its production activities into the software solution from CODIX: iMX Factoring.

Fortis will outsource the processing of incoming bills from suppliers to Cap Gemini in Poland, according to the daily De Standaard.

IFB - International Factor Belgium, now a full subsidiary of the KBC Group, have implemented iMX Factoring, the CODIX software solution.

KBC Group SA announced it has bought the 50 % stake, that ING Belgium which is part of the ING Group NV, holds in their joint venture International Factors (IFB).