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Dusseldorf-based financial services provider Quorum won 40 new clients in just one month. (more…)
#financial services#WHO
German corporate insolvencies fell to 2,715 in November, a fall of 1.8% on the year. (more…)
Dresdner Factoring AG reached its goals in a year 2007. (more…)
The German Federal Supreme Court allayed concerns that a global assignment would not survive the insolvency of the respective originator.…
#assignment#insolvency#receivables
In the first nine months of 2007, the GRENKE Group generated a volume of new business of €374.3m. (more…)
#3M#acquisition#GRENKE
Coface Germany is to expand into business with private customers and will offer companies policies that cover deliveries to consumers.…
#insolvencies
Dresdner Factoring saw its volume of receivables purchased rise by 65% to almost €108m for the first half of 2007.…
Volksbanken/Raiffeisenbanken saw new business in leasing, hire purchase and with investment credits rise by almost 20% in H1. (more…)
A football stadium due to be built in Mainz will be called the Coface Arena, in a deal struck between…
#conference#guarantee#i
Sal. Oppenheim has increased its minority share in SME bank IKB Deutsche Industriebank to over 5%. (more…)
#bank#banks#management
Landesbank Baden-Wuerttemberg said it acquired R-Procedo Factoring GmbH from retailer Rewe Group for an undisclosed sum. (more…)
#bank#LBBW#management
Dresdner Factoring has reported growth of one third in turnover on loans in the second quarter. (more…)
#3M#management
GE Heller Bank, the German factoring bank, has appointed Jorg Diewald to its management board. (more…)
#bank#management#risk