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Europe

Flotation Rumours Surround Credit Agricole

Rumours have emerged that Credit Agricole SA, parent company of French factors Transfact, is to float on the Paris stock exchange. It is understood that Credit Agricole plans to list in the second half of 2001. Source: Zephus

Norwegian Government Sells Stake in Den Norske Bank

The Norwegian government is divesting a 13.4% stake in Den norske Bank, parent company of one of the Norwegian factoring…

#bank#international


Cattles Announces Placing

Cattles plc (formerly Reedham Factors) has announced that it intends to place an additional 14 million shares at a minimum…


Growth of Manufacturing Continues into Fourth Month

Recording a level of 52.1 in February, the seasonally adjusted Purchasing Managers’ Index (a composite index designed to provide an…


Agricole Increases Stake in Comit

The French Bank Credit Agricole, owners of the French factoring company Transfact, has acquired 21million shares (equivalent to 1.2%) in…

#bank#Credit Agricole#Italian factoring


Singer & Friedlander to be Taken Over?

Rumours have emerged that the Singer & Friedlander Group, owners of Singer & Friedlander Factors Ltd, are about to succumb…


Bank of England Votes to Maintain Interest Rates

The Bank of England's Monetary Policy Committee today voted to maintain the Bank's repo rate at 5.75%. The minutes of…

#bank#Bank of England#interest


New Sales Manager for Bibby Factors Bristol Ltd

Bibby Factors Bristol Ltd, part of the Bibby Group of Factors (the largest non-bank owned factoring organisation in the UK),…

#bank#BCR Publishing#cash-flow


Natwest Launch Committed Overdraft

From today, Natwest’s small business customers can benefit from a clear overdraft commitment of up to 12 months with the…


Singer & Freidlander Factors Ltd’s Annual Accounts Released

Singer & Freidlander Factors Ltd today released their annual accounts for the year ended 31 December 2000. Turnover has fallen…


GE Capital Commercial Finance Limited Joins Factors and Discounters...

GE Capital Commercial Finance has become the latest member of the Factors and Discounters Association - the trade body representing…


FS-Banken and SEB Announce Merger

Two of Sweden’s largest banks, SEB and FцreningsSparbanken, yesterday announced plans for a $15.9bn merger. It is hoped that the…

City Invoice Finance joins Euro Sales in link-up with...

The Co-operative bank today has become the first bank to offer small business customers a choice of factoring and invoice…

#bank#financial services#First Bank

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