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Despite their limited exposure to the American collapse, BNP Paribas and Axa have begun to suffer from the effects of the global downturn, posting significant losses. (more…)
#bank#emerging markets#international
The French government plans to underwrite credit insurance for risky companies in a bid to prevent a collapse of confidence…
After several years of stability and consistency in the global markets, the sub-prime real estate crisis that occurred midway through…
#ABN AMRO#bank#commercial finance
Over the first nine months of 2008 Crédit Agricole S.A. registered 16% growth in factoring (more…)
#Credit Agricole#economy#receivables
Coface, the credit insurance division of French bank Natixis, has reported a 13.6 percent growth in factoring. (more…)
The European Commission has dropped an enquiry into a French state loan guarantee that it feared would help Areva win…
#bank#bank loan#European Commission
Credit Agricole SA has no plans to alter its lending policy for SMEs. (more…)
Standard Poor's affirmed its 'AA-' long-term counterparty credit and insurer financial strength ratings on the core operating entities of Euler Hermes. (more…)
#Allianz#insurance#management
Fitch Ratings announced it has affirmed the insurer financial strength of the major insurance entities of the Coface group at AA+.…
#acquisition#bank#management
An indicator of French business sentiment strengthened to 37 in February from 29 in January, according to a survey of…
It was a year of double-digit growth for French factors in 2005 in terms of volume and number of clients.…
Allianz, the largest insurer in Europe, announced that it would buy out the minority shareholders of its French subsidiary AGF…
#Allianz#financial services#insurance
Surecomp, a leading provider of integrated enabling technologies for the banking and financial market, today announced that Paris-headquartered (more…)