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France

Agricole Increases Stake in Comit

The French Bank Credit Agricole, owners of the French factoring company Transfact, has acquired 21million shares (equivalent to 1.2%) in Italian banking group Banca Commerciala Italiana (Comit, owners of the Italian factoring company), for L280bn. When banking group Banca Intesa...

#bank#Credit Agricole#Italian factoring

Sharp Rise in French Start-up Investment

In the first half of 2000 investment in start-up companies in France rose by over 25% to FF3.4 bn from…


Factorem and Assurances Banques Populaires Share Trading to Resume...

Trading in the shares of French factoring services specialist Factorem SA and the French insurer Assurances Banques Populaires SA will…

#bank


SFF Affacteurage and SLIFAC merge to form Eurofactor

France’s second and third largest factors (by turnover and market share) have merged to create Eurofactor, which claims to be…

#commercial finance#international#international factoring

Etoile Commercial Contributes to Gurling Namur Profit Growth

Gerling Namur Profit up by 43% Gerling-Namur, the subsidiary of German Gerling Credit Insurance Group, saw consolidated profit rise 9…

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