France

Coface, the French-based credit insurer, is still considering a stock market listing having refocused its core business, according to their chief executive.

French companies are looking for more security in their transactions by increasing their demands to banks and insurers.

A latest report by the Bank of France has shown a 60 per cent decrease in SME lending.

St DuPont factored volumes rose to EUR6 million in H1 2011.

Philippe Lepoutre, CEO of Compagnie Générale d'Affacturage (CGA), provides an overview of supply chain finance in France for the 2011/2012 edition of the Supply Chain Finance Yearbook.

A new economic study, commissioned by GE Capital, has revealed that better use of alternative financing by SMEs could create 170,000 new jobs by 2020.

The Ministry of Economy, Finance and Industry has announced measures to support SMEs with foreign operations in an attempt to reduce France s trade deficit, Reuters reports.

The credit insurer Coface has said that net profit more than doubled in the first half of 2011, after being boosted by cost savings realised through its focus on its core business.

Credit Agricole's 2011 half year results for its leasing and factoring arm (CAL&F) are mixed compared to the same period in 2010.

Richard Lelong, CEO, HSBC Factoring France, provides an overview of the French factoring market, covering industry environment, market performance, supply and future trends, for the World Factoring Yearbook 2011.