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As at 31 December 2002 net banking income (NBI) for Factorem, part of the Natexis Banques Populaires group, came to Ђ91.4m, a fall of 8% (Ђ8.1m) compared with 2001. Some Ђ4.9m of the fall in NBI can be attributed 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…
French bank Credit Cooperatif has acquired a 2 per cent stake in the capital of the national bank that heads…
#bank
Philippe Zamaron, vice-chairman of the board of management at Eurofactor in France spoke to BCR to explain why Eurofactor has…
#insurance#interest rates#management