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France

Factoring group to acquire Eurofactor

Transfact, the factoring division of French banking group Credit Agricole, will incorporate sister company Eurofactor on 1 October, with the combined group taking on the latter's name. Eurofactor was formerly the factoring unit of Credit Lyonnais and French credit insurance...

Eurofactor sells remaining shares in Elysees Factor

CCF, the French bank, is to acquire the entirety of its factoring subsidiary Elysees Factor through the purchase of a…

#bank#Credit Agricole


Banque Sanpaolo to join SME banking group and change...

The supervisory board of French bank Banque Sanpaolo is discussing the bank's strategy for the period between now and 2007.…


France leads Europe in entrepreneurship revival

On the face of it, there is little to suggest France is experiencing the surge in entrepreneurship that Europe needs…


Euler Hermes forecasts growth

Euler Hermes, the French credit insurance company, has said that it expects its turnover to rise by 5 per cent…


BNP Paribas Factor obtains ISO 9001 certification

BNP Paribas Factor, a subsidiary of BNP Paribas Group, has just been granted the ISO 9001 version 2000 certificate. The…


Natexis Factorem consolidates market share in competitive environment

The main change in Group (Natexis Banques Populaires) structure compared with 2003 is Coface's acquisition of ORT, the French subsidiary…

#financial services#information systems#international


BPLG/AFP French December small business sentiment indicator 13 vs...

French business sentiment improved markedly in December, according to a survey of around 450 small- and medium-sized companies by BNP…


New lending product in France intended for midcap companies

The French CCF and the European Investment Bank, signed an agreement making available to CCF a credit line of EUR…

#bank#i#innovation


Eurofactor changes hands

The French banking group Credit Agricole SA has finalised its acquisition of 49.09 per cent of French factoring company Eurofactor…


Coface to separate chairman and chief executive posts

French credit insurance group Coface has decided to separate the roles of chairman and chief executive, in line with practices…


Euler Hermes down 4.91%

Shares of Euler Hermes, the French credit insurer, lost 4.91 per cent in Paris yesterday, closing at Ђ50.35, after reaching…

Euler Hermes 9-months revenue slips

Credit insurer Euler Hermes, a unit of Assurances Generales de France SA (12592.FR), said nine-month revenue slipped 0.7% following the…

#3M#insurance#international

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