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France

Time runs out for financiers to choose between the...

A third of members of the Association of Financial Companies say they will opt for an independent specialised credit company legal statute, under Basel III. (more…)

Enforcing penalties for late payments for SMEs – “the...

Managing Director of GE Capital Patrice Coulon comments on the new Late Payments Directive. (more…)


Coface improves results despite crisis

In an economic downturn, particularly in the eurozone, Coface continued to increase its turnover, which totalled €1,571 million (+1.4%). Premiums…

#emerging markets#management#receivables


CAL & F appoint two Deputy Directors

Crédit Agricole Leasing Factoring has announced new managerial appointments.  (more…)

#information systems#leasing#Managerial Appointments


Factoring forms a part of Government action plan

Pierre Moscovici speaks in favour of factoring facilitation. (more…)

#bankruptcy#Paid#payment delays


French government releases EUR500 million for small and micro...

A new government guarantee scheme to enable over EUR500 million worth of cash to be provided to SMEs has been…

#bank#cash management#management


Minister unveils EUR500m guarantee scheme for SME cash loans

The French finance minister, Pierre Moscovici, has announced the launch of 'a new device [of] public guarantee' so that SMEs…

#bank#cash management#management


CGA and Air France sign factoring deal

CGA announces the conclusion of a EUR250 million factoring contract with Air France. (more…)


New report reveals growing popularity of participatory finance

Crowd finance may become an important source of SME finance, subject to milder legislation. (more…)

#banks#economy#funding


Fitch assigns the notes issued by FCT Factoring Asset...

Natixis Factor's notes receive AAAsf(EXP) from Fitch. (more…)


Cre@nces Services breaks through EUR1bn barrier

Credit Agricole s online invoice financing programme for SMEs has surpassed the EUR1 billion benchmark. (more…)

#banks#Credit Agricole#invoice


BNP Paribas Factor and FCF officially merge

Fortis Commercial Finance (FCF) France and BNP Paribas Factor officially merged this week to form a single entity under the…

La Banque Postale to launch factoring

La Banque Postale says it would prepare factoring offer by the end of the current year. (more…)

#bank#conference#corporate finance

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