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France

Crйdit Agricole reports growth in Q3 net profits as...

Crйdit Agricole, the French mutual bank, yesterday shrugged off analyst worries about its ability to keep pace with the recovery at its domestic rivals by reporting an almost threefold increase in third-quarter net profits to Ђ382m. Specialised financial services, including...

France stays on top of European insolvency league

According to a study conducted by the German credit insurance company Gerling NCM, the number of company bankruptcies in France…

#insolvency#insurance


Bankruptcy law reform moves forward

According to the French ministry for justice, 59,000 French businesses had difficulties in 2002 leading them to appear in the…


AGF Group announces new executive committee

Jean-Franзois Debrois, managing director of AGF, has decided to retire, effective 31 March 2004, after 35 years of service in…


Standard & Poor’s: new French law could boost securitisation...

A new French law could provide the basis for growth in French securitisation volumes, according to a report published today…


Coface interim turnover rises

Coface, the French credit insurance company, has posted an 11.5% hike in consolidated turnover, to Ђ551.5m, for the first half…


Natexis Factorem reports drop in factoring turnover

As at 31 December 2002 net banking income (NBI) for Factorem, part of the Natexis Banques Populaires group, came to…

#3M#interest rates#receivables


AXA and Coface sign credit insurance partnership agreement

In line with the terms of this agreement and following approval by the relevant authorities, Coface takes a 40% share…


Coface Scrl accredited with international quality standard

Coface Scrl has just been accredited with ISO 9001 certification, version 2000, for the provision of economic, financial and commercial…


French manufacturers' confidence unexpectedly drops

French manufacturers' confidence this month unexpectedly dropped to the lowest level since November 2001, increasing the chances that Europe's third-largest…

#bank#exporters#interest rates


Euler-Sfac forecast a rise in bankruptcies

The French credit insurance company Euler-Sfac said yesterday that the number of company defaults in France is likely to show…


Valtech enter factoring agreement to reduce debt by Ђ1.1...

Valtech, the French global group of Advanced Technology Solution Centres, has transformed its main line of credit in France into…

#cash-flow#interest

Credit Agricole and Credit Lyonnais get green light to...

France's main banking regulator approved a Ђ19.5bn (US$21.2 bn) merger between Credit Agricole and Credit Lyonnais on condition the banks…

#bank#banks#Credit Agricole

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