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Europe

Top ten factoring companies turnover up by 22pc

Polish Factoring Association (PZF) president Elzbieta Urbanska says Poland's ten biggest factoring companies reported turnover up 22% year-on-year to (more…)

#commercial finance#ING#liquidity

Factoring Ceske Sporitelny confirms the top market position in...

Factoring Ceske Sporitelny exceeded the receivables turnover of Czk 30 bn and confirmed its position of market leader in the…


Greece 2006-07: As maturity nears, product differentiation comes to...

The Greek factoring industry increased by approximately 1.8%, to euros 4.51 billion, experiencing a slowdown due to the lower industrial…


Netherlands 2006-07: Bank factors look overseas for margin increase

After five years of sluggish performance the Netherlands economy finally appears to have recovered and the factoring market is showing…

#bank#commercial finance#ING


Italy 2006-07: IAS and Basel II drive change in...

The total factoring turnover of ASSIFACT members was about euros 101 billion in 2005. The trend for the Italian factoring…


Belgium 2006-07: Lower pricing drives competition, but not growth

The Belgian economy has experienced modest growth in recent years as a result of consumer spending and business investment following…

#bank#commercial finance#exports


Allianz to acquire all of French Unit

Allianz, the largest insurer in Europe, announced that it would buy out the minority shareholders of its French subsidiary AGF…

#Allianz#financial services#insurance


Barclays Asset & Sales Finance sponsors award

Barclays Asset Sales Finance is sponsoring the 'Account Manager of the Year - Products or Services' category in the National…


Slovak Factoring Market shows significant rise in 2006

The factoring market reported a steep increase last year. The volume of receivables bought by companies clustered in the Association…


Euler Hermes to enter insurance guarantees segment

The insurance company is a market leader in the insurance of domestic and foreign obligations (merchant loans). In 2006 it…

#guarantees#insurance


Dresdner Factoring poaches Close Finance MD

The Supervisory Board of Dresdner Factoring AG has decided to strengthen the management team at Dresdner Factoring AG and appointed…


Greek EFG Factors opens office

The factoring market in Bulgaria is expected to grow fast in the next few years (more…)

Czech factoring market grows 25 pct in 2006

The Czech factoring market increased by over 25% in 2006 to (more…)

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