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A new French law could provide the basis for growth in French securitisation volumes, according to a report published today by Standard & Poor's Ratings Services. The "Law on Financial Security" was enacted on 1 August 2003, although several provisions,...
Coface, the French credit insurance company, has posted an 11.5% hike in consolidated turnover, to Ђ551.5m, for the first half…
As at 31 December 2002 net banking income (NBI) for Factorem, part of the Natexis Banques Populaires group, came to…
#3M#interest rates#receivables
In line with the terms of this agreement and following approval by the relevant authorities, Coface takes a 40% share…
Coface Scrl has just been accredited with ISO 9001 certification, version 2000, for the provision of economic, financial and commercial…
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
The French credit insurance company Euler-Sfac said yesterday that the number of company defaults in France is likely to show…
Valtech, the French global group of Advanced Technology Solution Centres, has transformed its main line of credit in France into…
#cash-flow#interest
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
The Paris office of Mayer, Brown, Rowe & Maw has recruited a team of corporate lawyers from SG Archibald, a…
A.M. Best Co. has affirmed the financial strength rating of A++ (Superior) of Assurances Generales de France (AGF), France, and…
#acquisition#Allianz#international
The Cabinet on Wednesday approved a proposal to spur business growth in France by tripling tax breaks for investors in…
Christian Rocheteau has been appointed chairman of the board of directors of Gras Savoye Langlois SA, the factoring and credit-insurance…